The following information is available for the Manufacturing Company for the month ended July 31.Manufacturing Company uses an actual costing system (they do not use predetermined overhead rates).

July 1 July 31

Work in process inventory $9,800 $11,300

Finished goods inventory $2,400 $22,260

The following costswere incurred in July for manufacturing and selling and administrative purposes:

Direct materials purchased and used-- 50,000

Direct labor -- 70,600

Factory supervisor's salary -- 4,900

Office supplies expense --- 1,100

Equipment Depreciation-factory --- 9,100

Equipment Depreciation-office -- 3,750

Sales salaries and commissions -- 20,000

Office utilities -- 2,400

Indirect labor8,000

Compute cost of goods sold for the month.