Inventories: Raw materials Work in process Finished goods Beginning Ending $33,000 $33,000 $19,000 $23,000 $35,000 $50,000 Additional information Raw materials purchases $69,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $62,000 Indirect materials included in manufacturing overhead cost incurred $9,200 Manufacturing overhead cost applied to Work in Process 561,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold The direct materials cost for July Multiple Choice $72,000 $59,800 O 569,000 571000