The owner of Magic Manufacturing, Tom Sawyer, is considering selling his business. He provides his accountant with the following information for the month of March, which has just ended: Direct Materials Purchased $ 1,300,000 Prime Costs $ 4,360,000 Direct Labour rate ($/hour) $ 30 per hour Direct Materials, 1st March $ 300,000 Direct Materials, 31st March $ 180,000 Overhead Application Rate $ 11 per direct labour hour Actual Overhead Incurred $ 1,250,000 Finished Goods, 1st March $ 350,000 Finished Goods, 31st March $ 65,000 Sales Revenues $ 9,691,000 Sales Mark-up 120% on cost Data for this question is also available in the file: Adjusted COGS.xlsx Calculate the adjusted cost of goods sold for the month of March. Do not use the dollar sign $ in your answer. To be marked correct just enter your answer in dollars (rounded to the nearest dollar)