Sanchez & Company produces paints. On July 1, it had no work in process inventory. It starts production of 108.000 gallons of paintin July and completes 84,000 gallons. The costs of the resources used by Sanchez in July consist of the following Materials Conversion costs (labor and overhead) $ 246, 100 274,700 Required: The production supervisor estimates that the ending work in process is 84 percent complete. Compute the cost of paint transferred to finished goods and the amount in work-in-process ending inventory as of July 31. (Do not round intermediate calculations.) Cost of paint transferred to finished goods Work in process ending inventory