Billy Bobs Manufacturing had the following data for the fiscal year ended December 31.

Direct Materials Inventory, January 1$ 32,400Direct materials purchases378,000Direct materials used372,600Fixed factory overhead518,400Total factory overhead604,800Total manufacturing costs to account for1,168,760Work-in-Process Inventory, January 145,360Work-in-Process Inventory, December 3148,600Finished Goods Inventory, January 136,000Goods available for sale1,156,160Cost of goods sold1,115,160

Required:

Calculate the following costs:

1. Direct Materials Inventory on December 31.

2. Direct labor costs for the year.

3. Variable factory overhead costs for the year.

4. Cost of goods manufactured for the year.

5. Finished Goods Inventory on December 31.