Chavez Corporation reported the following data for the month of July Inventories Raw materials Work in process Finished goods Beginning Ending $ 43,000 $38,000 $ 24,e00 $33,000 $ 40,000 $55,e00 Additional Information Raw materials purchases $74,000 $99,000 $67,000 Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overbead cost Manufacturing overhead cost applied to Nork in Process incurred $11,200 $66,000 Any underapplied or overapplled manufacturing overhead is closed out to cost of goods sold. The direct moterials cost for July 1s