Lazer Corp. makes one product line. During the month of January, the company transferred costs of \(\$ 302,000\) to finished goods. January 1 and January 31 Work in Process balances were \(\$ 44,000\) and \(\$ 91,000\), respectively. The company credited materials inventory for \(\$ 98,000\) in January. Actual direct labor costs were \(\$ 1.60\) per unit. Lazer produced 75,000 units of product in the month of January.

a. What amount of overhead was allocated to production costs for the month of January?

b. What were product costs on a per unit basis for the month of January? Round answer to two decimal places.

c. If finished goods inventory decreased by \(\$ 28,000\) from January 1 to January 31 , what was the cost of goods sold for the month of January?

d. Record the journal entries to (1) transfer cost of raw material to production, (2) accrue factory wages for direct labor, (3) assign actual overhead costs to WIP inventory, (4) record the transfer of work completed during the period, (5) to record cost of goods sold for the period.