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X Company began operations in 2016. It manufactured a single product and sold 7,000 units for $180 each. The following information is for 2016: Units

X Company began operations in 2016. It manufactured a single product and sold 7,000 units for $180 each. The following information is for 2016:

Units produced 10,700
Direct materials purchased $588,341
Direct materials used $573,841
Direct labor costs $286,439
Overhead costs $121,017
Selling and admin costs $154,615

There was no beginning balance in any inventory account. There was no closing balance in the Work in Process inventory account. What was Cost of Goods Sold for the year?

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