Benson Manufacturing Company began operations on January $1.$ During the year, it started and completed $1,670$ units of product. The financial statements are prepared in accordance with GAAP. The company incurred the following costs:

Raw materials purchased and used$$$$3,050.$

Wages of production workers$$$$3,440.$

Salaries of administrative and sales personnel$$$$1,935.$

Depreciation on manufacturing equipment$$$$4,532.$

Depreciation on administrative equipment$$$$1,780.$

Benson sold $1,040$ units of product.

Required

Determine the total product cost for the year.

Determine the total cost of the ending inventory.

Note: Do not round intermediate calculations.

Determine the total of cost of goods sold.

Note: Do not round intermediate calculations.