# of designs completed and sold - 700
Beginning inventory of direct materials - $20,000
Beginning inventory of designs in process - $60,000
Ending inventory of direct materials - $0
Ending inventory of designs in process - $100,000
Purchases, direct materials - $40,000
Direct labor - $800,000
Manufacturing overhead - $100,000
Admin. Exp. - $150,000
Selling Exp. - $60,000
Calculate the cost of services sold.
