1. The following information is available for the first year of operations of Engle Inc., a manufacturer of fabricating equipment:

   Sales	$7,270,000
   Gross profit	1,450,000
   Indirect labor	330,000
   Indirect materials	195,000
   Other factory overhead	90,000
   Materials purchased	5,100,000
   Total manufacturing costs for the period	6,170,000
   Materials inventory, end of period	480,000

   Determine the following amounts:

   1. Cost of goods sold

   2. Direct materials cost

   3. Direct labor cost

Cost of Goods Sold:
Sales
Less gross profit
cost of goods sold
Direct Materials Cost:
Materials purchased
Less: Indirect materials
Materials inventory
Direct materials cost
Direct Labor Cost:
Total manufacturing costs for the period
Less: Direct materials cost
Factory overhead
Direct labor cost