Fill in the missing items for the following inventories: $ 39,000 32,000 $ Beginning balance Ending balance Transferred in Transferred out 21,300 18,600 66,000 50,000 52,000 54,000 70,000 Luke's Lubricants starts business on January 1. The following operations data are available for January for the one lubricant it produces Gallons Beginning inventory Started in January Ending work-in-process inventory (80% complete) 900,000 100,000 Costs incurred in January follow. Materials Labor Manufacturing overhead $ 564,000 145,200 294,000 All production at Luke's is sold as it is produced (there are no finished goods inventories). Required: a. Compute cost of goods sold for January. (Do not round intermediate calculations.) b. What is the value of work-in-process inventory on January 31? (Do not round intermediate calculations.) a. Cost of goods sold for January b. Work-in-process inventory on January 31