Billy Bobs Manufacturing had the following data for the fiscal year ended December 31. Direct Materials Inventory, January 1 $ 30,000 Direct materials purchases 350,000 Direct materials used 345,000 Fixed factory overhead 480,000 Total factory overhead 560,000 Total manufacturing costs to account for 1,085,000 Work-in-Process Inventory, January 1 42,000 Work-in-Process Inventory, December 31 45,000 Finished Goods Inventory, January 1 36,000 Goods available for sale 1,076,000 Cost of goods sold 1,043,000 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=