JackStars Systems manufactures rocket systems for government and private use. As rocket systems are unique, JackStarss rocket systems are designed to customer specifications. The company uses a job-order cost system and applies overhead on the basis of machine hours using a predetermined overhead rate. For the year, budgeted manufacturing overhead is $8,400,000 and the expected activity level is 120,000 machine hours. Data regarding jobs in June are presented below.

	Balance	Direct	Direct	Machine
Job.No	5/31/2017	Materials	Labor	Hours
CO456	$167,576	$67,657	$28,400	645
AR987	189,745	13,625	12,160	130
OR123	143,900	22,680	15,460	380
NM824	15,670	168,400	48,000	2,600
CA996	0	105,000	136,800	3,300
TX825	0	28,900	12,580	1,700

By the end of June 2017, all jobs but NM824 & TX825 were completed, jobs CO456 and CA996 have been delivered to the customer, jobs AR987 and OR123 are complete, but still waiting on final delivery (sale is not complete).

Find the June ending balances for the following accounts:

Work in Process

Finished Goods

What is the amount of Cost of Goods Manufactured

What is the cost of the goods sold