Jane Company started its operations at the beginning of 2016. The production and sales data of for the year 2016 were as follows:

Variable costs per unit:

Direct materials: $20 Direct labor: $10 Variable manufacturing overhead: $4 Variable selling and administrative expenses: $8 Fixed costs per year:

Fixed manufacturing overhead: $180,000 Fixed selling and administrative expenses: $600,000 During the year 2016, Jane Company manufactured 30,000 units out of which 22,000 units were sold. What is the cost of goods sold using variable costing?