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Problem 4: Dominguez Corporation has provided the followilig data for the month of January: January 1 January 31 Raw Materials inventory $25,000 $21,000 Work in

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Problem 4: Dominguez Corporation has provided the followilig data for the month of January: January 1 January 31 Raw Materials inventory $25,000 $21,000 Work in Process inventory 17,000 10,000 Finished Goods inventory 48,000 56,000 met Additional information: Raw materials purchased $72,000 Direct labor cost 92,000 Manufacturing overhead cost incurred 42,000 Indirect materials included in manufacturing overbead cost incurred 4,000 Manufacturing overbead cost applied to Work in Process 41.000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold. ome fire

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