1. Determine the total cost of the ending inventory

2. Determine the total cost of goods sold

Total product cost is $11,200

Finch Manufacturing Company began operations on January 1. During the year, it started and completed 1.600 units of product. The financial statements are prepared in accordance with GAAP. The company incurred the following costs 1. Raw materials purchased and used-$3,200 2. Wages of production workers-$3,560. 3. Salaries of administrative and sales personnel-$1,980. 4. Depreciation on manufacturing equipment-$4,440. 5. Depreciation on administrative equipment-$1.820 Finch sold 1,110 units of product