Exercise 10-8A (Algo) Allocating product costs between ending inventory and cost of goods sold LO 10- 3 Campbell Manufacturing Company began operations on January 1. During the year, it started and completed 1700 units of product The financial statements are prepared in accordance with GAAR. The company incurred the following costs: 1. Raw materials purchased and used-$3.110. 2. Wages of production workers-$3,570 3. Salaries of administrative and sales personnel-$1,975. 4. Depreciation on manufacturing equipment_$6,070 5. Depreciation on administrative equipment-$1,830. Campbell sold 1.180 units of product. Required a. Determine the total product cost for the year. b. Determine the total cost of the ending inventory. (Do not round Intermediate calculations.) c. Determine the total of cost of goods sold. (Do not round Intermediate calculations.) Answer is not complete. a $ 12,750 Total product cost Total cost of ending Inventory b 3 1. Raw materials purchased and used-$3,110. 2. Wages of production workers--$3,570. 3. Salaries of administrative and sales personnel-$1,975. 4. Depreciation on manufacturing equipment-$6,070. 5. Depreciation on administrative equipment-$1,830. Campbell sold 1,180 units of product. Required a. Determine the total product cost for the year. b. Determine the total cost of the ending inventory. (Do not round intermediate calculations.) c. Determine the total of cost of goods sold. (Do not round intermediate calculations.) Answer is not complete. a s 12,750 b. Total product cost Total cost of ending inventory Total cost of goods sold