Question 31 7.14 pts ABC Company has provided the following data concerning last month's operations. Purchases of raw materials Direct labor cost $35,000 $58,000 Manufacturing overhead applied (allocated) to Work in Process $84,000 Beginning Ending $14,000. $25,000 Raw materials inventory Work in process inventory $55,000 $58,000 Finished goods inventory $39,000 $37,000 Assume all raw materials used in production are direct materials, how much is the cost of goods sold?