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In July B&B Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories

In July B&B Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories was as follows:

July 1

July 31

Materials

$6,820

$8,000

Work in process

800

1,320

Finished goods

3,630

2,970

If B&B Company sold 10,300 units during July and its gross margin totaled $32,780, what was the Cost of Goods Sold for July 31?

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