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1. Determine the total product cost and the average cost per unit of the inventory produced in 2014. 2. Determine the amount of cost of

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1. Determine the total product cost and the average cost per unit of the inventory produced in 2014. 2. Determine the amount of cost of goods sold that would appear on the 2014 income statement. 3. Determine the amount of the ending inventory balance that would appear on the December 31, 2014, bal. 4. Determine the amount of net income that would appear on the 2014 income statement. 5. Determine the amount of retained earnings that would appear on the December 31, 2014, balance sheet. 6. Determine the amount of total assets that would appear on the December 31, 2014, balance sheet

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