Nu Corporation recorded the following costs and expenses for the year:

Raw material purchases: $5,300,000

Direct labor: $2,400,000

Indirect labor - factory: $950,000

Factory repairs: $280,000

Factory utilities: $320,000

Factory rent: $270,000

Depreciation - factory building: $220,000

Depreciation - office equipment: $85,000

Office supplies: $75,000

Sales commissions: $400,000

Advertising expense: $370,000

Administrative salaries: $690,000

Inventory balances:

	Beginning	Ending
Raw Materials	$440,000	$510,000
Work in process	$470,000	$430,000
Finished goods	$570,000	$730,000

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.