Chapter 3 1) Coatney Inc. has provided the following data for the month of October. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. $ Direct materials Direct labor Manufacturing overhead applied Total Work In Process $ 3.760 2,400 1,950 $ 8,110 Finished Goods $ 15,870 12,420 6,240 $ 34,530 Cost of Goods Sold $ 76,130 59,580 30,810 $ 166,520 Total 95,760 74,400 39,000 $ 209,160 Manufacturing overhead for the month was overapplied by $7,000. The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The finished goods inventory at the end of October after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: A) $35,686 B) $33,374 C) $33,410 D) $35,650