Problem 7: (15 Points) Pirkl Corporation has provided the following data for the month of March Raw materials Work in process Finished goods $25 $16 $36 $35 $18.00 $59.000 Additional information: Raw materials purchases Direct labor cost $71,000 $83,000 $74,000 Manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $71,000 Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold