Answer fully and clearly. Provide formulas if used etc... thanks

LO 1-3 Exercise 1-8B Allocating product costs between ending inventory and cost of goods sold Fuji Manufacturing Company began operations on January 1. During January, it started and com- pleted 6,000 units of product. Assume all financial statement data are prepared in accordance with GAAP. The company incurred the following costs: 1. Raw materials purchased and used-$8,100. 2. Wages of production workers-$6,500