Determine the following amounts. Round your answers to the nearest dollar. a. Cost of goods sold b. Direct materials cost C. Direct labor cost

Extracted text: Determine the following amounts. Round your answers to the nearest dollar. a. Cost of goods sold b. Direct materials cost C. Direct labor cost


Extracted text: Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: Sales $ 12,910,000 Gross profit 5,424,800 Indirect labor 427,700 Indirect materials 187,800 Other factory overhead 845,000 Materials purchased 4,303,300 Total manufacturing costs for the period 8,220,700 Materials inventory, end of period 302,500 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.