Pantanal, Inc. manufactures car seats In local factory. For costlng purposes, It uses first-ln, first-out (FIFO) process costlng system The factory hes three depanments: Moldlng, Assembllng, end Flnlshlng Followlng Is Informatlon on the Oeglnnlng work-ln-process Inventory In the Assembllng Depanment on August 1: Degr of Comp g inventory (12, seg u s 98,eeg Isa, aeg s S23,aeg rransferred-in "or-k-in-pr-o holding e (August 1) leg* 81, egg Durlng August, 127,500 unlts were transferred In from the Moldlng Department at a cost of S2.142.OOO and started In Assembllng_ The Assembllng Department Incurred other costs ofS1.164.600 In August as follows: rotal August August Co ogg,seg 22S , egg 31, Isa, seg A: the end of August, 20,000 unlts remelned In Inventorylhet were go percent complete WIT respect to dlrect malerlels end 50 percent complete respect to converslon. Requlred: Compute the cost of goods transferred out In August and the cost ofwork In-process endlng Inventory. (Do not round Intermedlate calculatlons.)