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Trinity Toys produces a range of small wooden trucks. As the manufacturing process is similar for each type of truck produced, Trinity's accounting system treats

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Trinity Toys produces a range of small wooden trucks. As the manufacturing process is similar for each type of truck produced, Trinity's accounting system treats all trucks as a single product. For internal decision making purposes, Trinity uses a variable standard costing system. For the latest fiscal year, Trinity has developed the following standards: (1) direct materials - 0.2 kg/unit at a cost of $3.00/kg; (2) direct labor -0.05 hrs/unit at a cost of $16/hr; and (3) variable overhead - 0.1 MH/unit at a cost of $2.80/MH. During the year Trinity produced 1,000,000 units and sold 990,000 units at a price of $2.65/unit. Trinity does not maintain any work-in-process inventories. Determine the total cost of goods manufactured

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