Chavez Corporation reported the following data for the month of July: Inventories: 
Additional information:
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The cost of goods manufactured for July is:
Definitions:
Animism
Tendency to attribute life to objects that are not alive.
Inductive Reasoning
A method of reasoning in which specific observations or experiences are used to make general conclusions.
Decentration
The cognitive ability to consider multiple aspects of a situation rather than focusing on a single standpoint.
Causal Reasoning
The ability to identify and understand the relationship between cause and effect.
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