Kirkland Corporation has provided the following data concerning last year's operations: Raw Material Purchases Direct Labor Manufacturing Overhead Applied Indirect Materials taken from Raw Materials Overapplied Overhead 32,000 58,000 99,000 5,000 2,000 Beginning Balance Ending Balance Raw Materials 12,000 16,000 Work in Process 48,000 53,000 Finished Goods 41,000 47,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Prepare a Cost of Goods Manufactured Schedule in good form including appropriate names for subtotals