Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 43,000 $ 38,000 Work in process $ 24,000 $ 33,000 Finished goods $ 40,000 $ 55,000 Additional information: Raw materials purchases $ 74,000 Direct labor cost $ 99,000 Manufacturing overhead cost incurred $ 67,000 Indirect materials included in manufacturing overhead cost incurred $ 11,200 Manufacturing overhead cost applied to Work in Process $ 66,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The direct materials cost for July is: