34 Required: Inventories: Finished goods.. Work in process Materials 172,59 COST ACCOUNTING - CONCEPTS AND OBJECTIVES JANUARY 1 $45 600 81,500 34.200 ectoring DECEMBER 31 ? $ 42.350- Depreciation-factory equipment Interest earned 49.300 21,350 - 6,300 Finished goods inventory: January 1: 300 units; December 31: 420 units, all from current year's production. Soid during 19-3,880 units at $220 per unit. Materials purchased... Direct labor. Indirect labor. Freight in. Miscellaneous factory overhead. Purchases discount. $364,000 162,500 83,400 8,600 47,900 5,200 (1) The unit cost of the finished goods inventory, December 31.176.65 (2) The total cost of the finished goods inventory, December 31. (3) The cost of goods sold 681,007 (4) The gross profit total and the gross profit per unit. 74193 PART CH Imp head on the basis of 30% of direct labor cost. 87000 Applied 9. Unit cost; Inventory valuation; cost of goods sold. The cost department of the White Corpora- tion prepared the following data and costs for the year 19--: