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The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used $ 10,000 Direct labor wages 30,000 Sales salaries
The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used $ 10,000 Direct labor wages 30,000 Sales salaries and commissions 25,000 Depreciation on production equipment 2,000 Rent on manufacturing facilities 15,000 Packaging and shipping supplies 3,000 Sales revenue 95,000 Units produced and sold 10,000 Selling price per unit $ 10.00
Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations.)
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