Fritas Company uses job-order costing and applies factory overhead based on 180% of direct labor cost in its normal system.

The only job in process at January 1 has $6,000 in direct materials, $2,000 in direct labor and $3,600 in applied overhead.

Direct materials purchases totaled $45,000.

Direct materials inventory increased $2,000 during the year.

Direct labor cost was $40,000.

Actual overhead was $75,000.

The only job still in process at December 31 has $4,800 direct materials, $3,000 direct labor and some applied overhead.

What is the cost of goods manufactured?