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 adjusted cost of goods sold that appears on the income statement for July is:
Definitions:
OASDI
The Old-Age, Survivors, and Disability Insurance program, part of Social Security in the United States, funded through payroll taxes.
Hospital Insurance
A type of health insurance coverage that pays for hospitalization expenses, surgeries, and other medical procedures.
OASDI
Old-Age, Survivors, and Disability Insurance; the official name for Social Security in the United States.
Hospital Insurance
A type of health insurance specifically designed to cover the costs of hospitalization and related medical expenses.
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