The following balances are from the accounts of Todd Machining Company:
Direct materials purchased during the year amount to $598,000, and the cost of goods sold for the year was $2,172,400.
Required :
Reconstruct a cost of goods sold statement and fill in the following missing data:
a. Cost of direct materials used during the year.
b. Cost of goods manufactured during the year.
c. Total manufacturing costs incurred during theyear.