The following balances are from the accounts of Todd Machining Company:
![737_269-B-M-A-C-B (663).png](https://secure.tutorsglobe.com/CMSImages/737_269-B-M-A-C-B (663).png)
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.