How do you find cost of goods sold? For

Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2017, management estimates the following revenues and costs.

Sales		$1,840,000		Selling expensesvariable		$70,000
Direct materials		440,000		Selling expensesfixed		55,000
Direct labor		300,000		Administrative expensesvariable		26,000
Manufacturing overheadvariable		360,000		Administrative expensesfixed		46,000
Manufacturing overheadfixed		511,500