Iota Enterprises recorded the following costs for the year:

Raw material purchases: $5,600,000

Direct labor: $2,300,000

Indirect labor - factory: $900,000

Factory repairs: $280,000

Factory utilities: $330,000

Factory rent: $260,000

Depreciation - factory building: $200,000

Depreciation - office equipment: $85,000

Office supplies: $80,000

Sales commissions: $420,000

Advertising expense: $380,000

Administrative salaries: $690,000

Inventory data:

	Beginning	Ending
Raw Materials	$440,000	$510,000
Work in process	$480,000	$450,000
Finished goods	$570,000	$750,000

Requirements:

Calculate the total factory overhead.

Determine the cost of raw materials used.

Compute the total manufacturing costs.

Calculate the cost of goods manufactured.

Determine the cost of goods sold.