the following data are available for KTH1 Co. :

a. Purchased raw materials from supplier amounting to 40,000 on account.;

b. During the month, raw materials costing 30,000 were issued to production. (10,000 pertains to indirect materials and the remaining balance are direct materials);

c. Total Payroll of the company is60,000;

d. Payroll of selling and admin personnel is 10,000

e. Applied all the labor cost to production

f. Incurred other overhead cost (rent and utility cost) of 15,000

g. Applied all overhead cost to production at the end of the month

h. Ending Work in Process is 1,000

i. Ending FG inventories costing 45,000

j. Sales on account is 70,000

k. Cash sales is 20,000 and there is no beginning inventory.

What is the cost of goods sold? pls provide solution