Problem 4: Dominguez Corporation has provided the following data for the month of January Raw Materials inventory Work in Process inventory Finished Goods inventory January 1 $25,000 17.000 48.000 January 31 $21.000 10,000 56.000 Additional information: Raw materials purchased $72.000 Direct labor cost 92.000 Manufacturing overhead cost incurred 42.000 Indirect materials included in manufacturing overhead cost incurred 4,000 Manufacturing overhead 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