Logan's Enterprises reported the following data for May. Beginning balance, Direct Materials Inventory $45,000 Beginning balance, Work in Process Inventory 52,000 Beginning balance, Finished Goods Inventory 62,000 Ending balance, Direct Materials Inventory 47,000 Purchase of direct materials 92,000 Direct labor 48,000 Manufacturing overhead applied 42,000 Cost of goods manufactured 200,000 Cost of Goods Sold 220,000