Pantanal, Inc., manufactures car seats in a local factory. For costing purposes. It uses a first in, first out (HFO process costing system The factory has three departments: Molding. Assembling, and Finishing. Following is information on the beginning work in process inventory in the Assembling Department on August 1: Degree of Completion Costs Work-in-process beginning inventory (11,600 Transferred-in from Molding Direct materials costs Conversion costs Work-in-process balance (August 1) $ 99,000 170,400 62,eee $331,400 During August, 104,000 units were transferred in from the Malding Department at a cost of $2,194,400 and started in Assembling. The Assembling Department incurred other costs of $946,670 in August as follows: Direct materials costs Conversion costs Total August costs August Costs $795,000 151,670 $946,670 At the end of August, 12,000 units remained in inventory that were 80 percent complete with respect to direct materials and 50 percent complete with respect to conversion Required: Compute the cost of goods transferred out in August and the cost calculations.) work-in-process ending inventory. (Do not round intermediate Cost of goods transferred out Cost of WIP ending inventory