A manufacturing company reports the following for the period:

Inventories Beginning Ending

Raw materials $ $19,920$ $ $13,900$

Work in process $11,30013,100$

Finished goods $14,36010,530$

Activities for the period

Raw materials purchases $ $10,000$

Direct materials used $16,020$

Direct labor used $11,100$

Overhead applied $12,940$

Sales $47,600$

Prepare a schedule of cost of goods manufactured.

Compute gross profit.