Analyze the cost structure of “TechSavvy Solutions” for the year 2022. Given the following costs, calculate the total manufacturing costs, including direct materials, direct labor, and factory overhead:

Direct Materials Purchased: $500,000

Direct Labor: $350,000

Factory Rent: $100,000

Factory Utilities: $50,000

Depreciation on Factory Machinery: $75,000

Indirect Labor: $30,000

Beginning Work in Process Inventory: $40,000

Ending Work in Process Inventory: $30,000