Problem 4: Dominguez Corporation has provided the following 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 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 underupplied 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