A company reports the following for its first month of operations ending March 31. The company uses a predetermined overhead rate of 80% of direct materials cost to apply overhead. Direct labor used $ 19,520 Sales $ 43, 600 Raw materials purchases 21,680 Cost of goods sold 31, 300 Direct materials used 13,660 General and administrative expenses 4, 750 Cost of goods manufactured 34,700 Selling expenses 4, 200 Enter answers in the tabs below. Required 1 Required 2 Determine the March 31 ending inventory balances for Raw Materials, Work in Process, and Finished Goods. Hint: Each account begins with a $0 balance; also, no indirect materials w March. Raw Materials Inventory Work in Process Inventory Beginning Beginning of O Indirect materials Ending Ending 0 Ending Ending 0 Finished Goods Inventory Beginning Ending Ending