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Sagot :
The Cost of Goods sold for the quarter contains $530,800 of material the complete statement is made as follows.
What is Cost of Goods sold?
Beginning Direct Material    $79,800
Beginning Work in process   $72,600
Beginning  Finished goods   $81,000
Purchases during the period  $510,000
Total balance available                           $743,400
Less: Total at end of the period                    $212,600
Direct Material    $97,400
Work in process   $40,200
Finished goods   $75,000
Net Cost of Goods Sold for the period              $530,800
Therefore the net cost of goods sold material cost is $530,800 and the difference between $530,800 and $1,770,000 is $1,239,200 includes the amount of labor, overheads and fixed costs that are directly attributable to the production of the goods and so are included as a direct cost in the cost of goods sold.
Learn more about Cost of Goods sold at https://brainly.com/question/27102421
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