4.13 inventory cost flows

Furr Fabricators produces protective covers for smartphones. Since the covers must be customized to each smartphone model, Furr uses a job order costing system. On September 1, the company reported the following inventory balances:

Direct Material $8,500

Work in progress $34,600

Finished Goods $53,200

During September, the following events occurred:

1. Furr purchased direct materials costing $372,000 on account.
2. Furr used $364,000 in direct materials in production.
3. Furrs employees clocked 20,000 direct labor hours at an average wage rate of $15.00 per direct labor hour.
4. The company incurred $428,000 in manufacturing overhead, including $77,200 in indirect labor costs.
5. Using direct labor hours as the application base, the company applied $420,000 on manufacturing overhead to jobs worked on in September.
6. The company completed production on job costing $1,040,000.
7. The company delivered jobs costing $990,000 to customers.

Required

1. Calculate the ending September balance of the Direct Materials, Work in Progress, and Finished Goods Inventory accounts.
2. Calculate total manufacturing costs for September.