Honeysuckle Corporation has provided the following data for the month of January:

Inventories

Beginning

Ending

Raw materials

$40,000

$23,000

Work In process

$9,000

$13,000

Finished goods

$52,000

$45,000

Additional Information

Raw material purchases

$68,000

Direct labor costs

$90,000

Manufacturing overhead cost incurred

$44,000

Indirect materials included in manufacturing overhead costs incurred

$8,000

Manufacturing overhead cost applied to work in process

$39,000