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The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,000. Raw Materials Inventory $40,000 Finished Goods Inventory 60,000

The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,000.

Raw Materials Inventory $40,000 Finished Goods Inventory 60,000 Work in Process Inventory 100,000 Cost of Goods Sold 770,000

Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead.

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