Manufacturing Costs. Last month, Georgetown Company put $60,000 of materials into production. The Grinding Department used 8,000 labor hours at $5.60 per hour, and the Machining Department used 4,600 hours at a cost of $6 per hour. Factory overhead is applied at a rate of $6 per labor hour in the Grinding Department and $8 per labor hour in the Machining Department. Inventory accounts had the following begin¬ ning and ending balances: LO1 Beginning Ending FinishedGoods. $22,000 $17,000 Work inProcess. 15,000 17,600 Materials. 20,000 18,000 Required: Without preparing a formal income statement, compute the following:

(1) Total cost of work put into process

(2) Cost of completed jobs

(3) Cost of jobs sold

(4) Conversion cost

(5) Cost of materials purchased