The following information is available for Carter Corporation for 2012:

1) Materials inventory decreased $4,000 during 2012.

2) Materials inventory on December 31, 2012, was 50% of materials inventory on January 1, 2012.

3) Beginning work in process inventory was $145,000.

4) Ending finished goods inventory was $65,000.

5) Purchases of direct materials were $154,700.

6) Direct materials used were 2.5 times the cost of direct labor.

7) Total manufacturing costs incurred were $246,400, 80% of cost of goods manufactured and $156,000 less than cost of goods sold.

Compute:

a) finished goods inventory on January 1, 2012

b) work in process inventory on December 31, 2012

c) direct labor incurred

d) factory overhead incurred

e) direct materials used

f) materials inventory on January 1, 2012

g) materials inventory on December 31, 2012