Google Inc. provided the following cost data for the year ending December 31, 2023:

Item	Amount ($)
Direct Materials	2,000,000
Direct Labor	1,500,000
Manufacturing Overhead	1,200,000
Work in Progress (beginning)	500,000
Work in Progress (ending)	400,000
Finished Goods (beginning)	1,000,000
Finished Goods (ending)	800,000

Requirements:

1. Prepare a Cost of Goods Manufactured Statement.
2. Compute the total manufacturing costs.
3. Determine the Cost of Goods Sold.
4. Analyze the impact of a 10% increase in direct labor costs on the total manufacturing costs.
5. Discuss any potential cost-saving measures.