A manufacturer's activities for its first month of operations are listed below. The company worked on Job 1001 and Job 1002.

Purchased raw materials on credit for $80,080.

Used materials.

Job 1001	$ 38,640
Job 1002	18,960
Total direct materials	57,600
Indirect materials	6,976
Total materials used	$ 64,576

Used labor.

Job 1001	$ 31,440
Job 1002	10,160
Total direct labor	41,600
Indirect labor	19,440
Total labor used	$ 61,040

Used a predetermined overhead rate of 80% of direct materials cost to apply overhead to jobs.

Transferred Job 1001 to Finished Goods Inventory.

Recorded cost of goods sold for Job 1001 sold on credit.

Incurred actual other overhead costs.

Expired factory insurance	$ 2,480
Factory utilities (payable)	648
Factory building rent (payable)	402
Factory equipment depreciation	25,680
Total other factory overhead costs	$ 29,120

Post amounts for activities a through g in the selected T-accounts below. Each T-account started the month with a zero balance.

Find raw materials inventory, work in process inventory, finished goods inventory, cost of goods sold, and factory overhead