The Company, whose fiscal year begins on January 1, 2021, has just completed a record-breaking year.

December 31, 2020, Inventory account balances were:

Materials Inventory, $1,803,800;

Work in Process Inventory, $2,764,500;

Finished Goods Inventory, $1,883,200;

December 31, 2021, Inventory account balances were:

Materials Inventory, $2,156,200;

Work in Process Inventory, $3,371,000;

Finished Goods Inventory, $1,596,400;

During the 2021 fiscal year, direct materials were purchased for $6,750,000;

Direct labor hours incurred totaled 142,500 at an average labor rate of $8.20 per hour;

The following Manufacturing Overhead (MOH) costs were incurred during the fiscal year:

Indirect labor $207,300;

Depreciation on Factory Building & Equipment $685,600;

Property Tax on Factory Building $94,200;

Factory Maintenance $83,700;

Small tool $42,400;

Utilities, Factory $96,500;

Factory Employee Benefits $76,100;

Required:

Prepare a Statement of Cost of Goods Manufactured for the year ended December 31, 2021;

Assuming 329,873 units were manufactured during the year, what was the actual product unit cost?

Compute the amount of Cost of Goods Sold;