Valahan Company manufacturers DumDum bobble heads had the following information for December:

a.) The inventory balances are: Beginning balance Ending balance

Raw materials inventory $ 38,000 $39,000

Work in process inventory 9,700 19,400

Finished goods inventory 69,000 33,800

b.) Raw materials purchased on account amount to $193,000.

c.) Material requisitions show that $10,000 of the materials were for indirect use and $182,000 were for direct use.

d. ) Factory payroll amounted to $100,000 for the month and time card data shows that $67,000 of these labor costs were for indirect labor.

e.) Manufacturing overhead costs incurred on account amounted to $8,000.

f.) The companys predetermined overhead rate is 250% of direct labor costs.

g. ) The company transfers any over or under-applied overhead costs to the cost of goods sold account.

Requirements: Using the above information, answer the following questions:

1.) The ending balance for the Cost of Goods Sold account is $____________

2.) The ending balance for the Factory Labor accounts is $____________

3.) The cost of jobs completed amounted to $____________

4.) Overhead costs for the period were __________-applied.

5.) Total overhead costs assigned to jobs was $____________