A manufacturer runs costing on a job costing basis (i.e. only ONE Work in Process - WIP Account and all costs are traceable) The company has recorded the following for a single month of production: Raw Materials - Opening Balance: $15806 , Purchases $62561 and has a Closing Balance of $16571 WIP Information: Conversion costs incurred this period include: Opening balance of WIP was $40464, DL $20824 and OHDs $37753 and the closing balance of WIP was $28801.

Finished Goods information: Opening Balance of FG was $59373 and the closing balance was $55662

Required: Trace all costs through the three inventory accounts (RM > WIP > FG > COGS) to calculate the Cost of Goods Sold this month