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The Following Information Relates to the Operations of Cruz Manufacturing

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The following information relates to the operations of Cruz Manufacturing during the current year:  Raw materials used $10,000 Direct labor wages 30,000 Sales salaries and commissions 25,000 Depreciation on production equipment 2,000 Rent on manufacturing facilities 15,000Packaging and shipping supplies 3,000 Sales revenue 95,000Units produced and sold 10,000 Selling price per unit $10.00\begin{array}{llr} \text { Raw materials used } &\$10,000\\ \text { Direct labor wages } &30,000\\ \text { Sales salaries and commissions } &25,000\\ \text { Depreciation on production equipment } &2,000\\ \text { Rent on manufacturing facilities } &15,000\\ \text {Packaging and shipping supplies } &3,000\\ \text { Sales revenue } &95,000\\ \text {Units produced and sold } &10,000\\ \text { Selling price per unit } &\$10.00\\\end{array}
Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations.)

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