Halston Manufacturing uses actual costing. The following events took place during the current year:

1)Purchased $95,000 in direct materials.

2)Incurred labor costs as follows: (a) direct, $56,000 and (b) indirect, $13,600.

3)Other manufacturing overhead was $107,000, excluding indirect labor.

4)Transferred 80% of the materials to the manufacturing assembly line.

5) Completed 65% of the work-in-process during the year.

6) Sold 85% of the completed goods.

7) There were no beginning inventories.

Required:

a) Determined the ending Direct Materials Inventory balance.

b) Determined the ending work-in-process inventory balance.

c) Determined the ending Finished Goods Inventory balance.

d) Determined the Cost of Goods Manufactured.