Muscle Concrete Mixes Concrete and Trucks It to Construction Sites

Muscle Concrete mixes concrete and trucks it to construction sites. The company uses a standard costing system for the batches of concrete produced. The company has a fleet of 10 mixing trucks, each of which goes on three runs per day, 350 days per year under normal circumstances. The standard costs are as follows:
$\begin{array}{ll}\text { Standard costs per batch based on } 1,050 \text { batches per year } & \text { Amount } \\\hline \text { Raw material - gravel, sand, cement, chemicals } & \$ 1,000 \\\text { Wages } & 400 \\\text { Variable overhead - mixing truck depreciation, diesel fuel, etc. } & 450 \\\text { Fixed overhead - depreciation on raw materials silo } &\underline{ 400} \\\text { Total production cost per batch } &\underline{ \$ 2,250} \\\text { Opening inventory cost - all raw materials } & 1,000,000 \\\text { Ending inventory cost - all raw material } & 450,000\end{array}$ During 2020, the company received an unusually large order for a big construction project. As a result, Muscle Concrete had to extend its operating hours and days, temporarily increasing output to 1,250 batches for the year. The company used the first-in, first-out cost flow assumption. Actual variable costs approximated standard costs per batch. Depreciation rates established at the beginning of the year remain valid for the year.
Required:
Determine the amount of cost of goods sold for 2020.