Lukes Lubricants winess on January 1. The following operations data are available for January for the one lubricant it produces ning very Startliny Ending winter complete 165.000 14. w Costs incurred in January follow Materials Lahor Manufacturer $29.950 24.00 1,000 All production at Luke's is sold as it is produced there are no finished goods inventores Required: o. 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) 5 Cost of goods sold for Work in process for only 31 343460 21400X $ 10 Luke's Lubricants start business on January 1. The following operations data teavitable for January for me produces Beginning the Started in ring wat in procesimatory (e) 145.00 14.00 Costs incurred in January follow Materiale Labor Manufacturing wwerhead $ 259 14.00 1, All production at Luke's is sold as it is produced there are no tinished gooch invento 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 (Do not found intermediate calculations) Cost of goods sold for Josy Works process inoy on Jasary 5 5 21.400