Data: The table presents account information for Mocha Cola Beverages pertaining to January of 2020. $4,300 Beginning Balance Raw Materials $21,090 Ending Balance Work in Process $29,050 Purchases of Raw Materials $4,800 Beginning Balance Finished Goods Direct Materials used in production $27,280 Cost of Goods Sold $33,500 Beginning Balance Work in Process $8,920 Marketing Costs (variable) $5,130 Direct Labor used in production $17.430 Administration Costs (fixed) $7,960 Mig. Overhead (fixed) $11,130 Revenues $66,200 Cost of Goods Manufactured $49,670 Carrinho FAIR $7,960 Administration Costs (fixed) $11,130 Mig. Overhead (fixed) $66,200 Revenues Cost of Goods Manufactured $49,670 Focusing on the accounts: Raw Materials; Work in Process; Finished Goods; and Income Summary answer the following questions. Keep in mind that this data is not complete and that balancing the accounts may be required to answer the questions. Question: What is the value of the product costs recognized on the Income Statement in January? VI