In September 19X7, the B. B. Gun Company put into process $60,000 of raw materials (all direct materials). Department A used 15,000 direct labor hours at a total cost of $40,000, and Department B used 10,500 direct labor hours at a cost of $3 per hour. Factory overhead is applied in Departments A and B at a rate of $3.75 and $4.50 per direct labor hour, respectively. Inventories on September | were the following: materials, $20,000; work-in-process, $28,200; finished goods,

$15,100. On September 30, the inventories were: materials, $18,725; work-in-process, $24,500;

finished goods, $16,500. The company produced 30,000 units during the month.

Required:

Prepare a combined statement of cost of goods manufactured and sold. mi6