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on Problem 6-10 (IAA) ar Condo Company reported the following total debits and total credits in selected accounts after closing entries were posted: Credits Materials Goods in process Material purchases Purchase discount Transportation in Direct labor Manufacturing overhead Finished goods Debits 600.000 500,000 2,500,000 100,000 200,000 3,000,0 1,500,000 700,000 200,000 300,000 2,500,000 100,000 200,000 3,000,000 1,500,000 400,000 es 1. What is the cost of raw materials used? a. 2,800,000 b. 2,400,000 c. 3,200,000 d. 2,600,000 2. What is the cost of goods manufactured? a. 6,900,000 b. 7,200,000 c. 7,000,000 d. 7,400,000 3. What is the cost of goods sold for the year? otom a. 6,900,000 b. 7,100,000 c. 7,100,000 d. 7,000,000