Comfort First Shoe Company makes loafers. During the most recent year, Comfort First incurred total manufacturing costs of $$18,000,000,$ Of this amount, $$2,700,000$ was direct materials used and $$10,800,000$ was direct labor. Beginning balances for the year were Raw Materials Inventory, $$500,000$; Work$-$in$-$Process Inventory, $$1,100,000$; and Finished Goods Inventory, $$900,000.$ At the end of the year, balances were Raw Materials Inventory, $$600,000$; Work$-$in$-$Process Inventory, $$1,900,000$; and Finished Goods Inventory, $$520,000.$

Requirements

Analyze the inventory accounts to determine:

Cost of raw materials purchased during the year.

Cost of goods manufactured for the year.

Cost of goods sold for the year.

Cost of raw materials purchased during the year.

Direct Materials

$\backslash$table$[[$Direct Materials Used,s$,2,700,000$