Bell Computers, which produces made-to-order laptops, had the following summary cost information:
Direct materials used ............. $18,000
Direct labor ................ 21,000
Factory rent ............... 5,000
Equipment depreciation ........... 7,500
Marketing expense ............. 12,000
Administrative expense ........... 16,000
Shipping charges ............. 4,500
Number of units produced ......... 20,000

Required
Calculate the cost of goods sold if 18,000 units are sold.