Cost flow relationships

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment:

Sales	$	12,045,000
Gross profit		5,061,300
Indirect labor		399,100
Indirect materials		175,200
Other factory overhead		788,400
Materials purchased		4,015,000
Total manufacturing costs for the period		7,669,900
Materials inventory, end of period		282,300

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Determine the following amounts. Round your answers to the nearest dollar.

1. Cost of goods sold

   $

2. Direct materials cost

   $

3. Direct labor cost

   $