Lukes Lubricants starts business on January 1. The following operations data are available for January for the one lubricant it produces.

Gallons Beginning inventory 0

Started in January 900,000

Ending work-in-process inventory (80% complete) 100,000

Costs incurred in January follow.

Materials $ 564,000

Labor 145,200

Manufacturing overhead 294,000

All production at Lukes 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.)