JZ Company shows the following accounting records Direct materials inventory. Work in process inventory. Finished goods inventory. Manufacturing costs incurred Direct materials used 72,000 Overhead applied 24,000 Direct labor cost (10,000 hours). 80,000 Depreciation 10,000 Rent 12,000 Taxes 8,000 Cost of goods sold. 157,000* Selling and administrative costs incurred Advertising Rent Clerical 35,000 .20,000 25,000 *Does not include over- or underapplied overhead Beginning Ending 9,000 7,000 17,000 31,000 10,000 15,000