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Hindenburger, Inc., began operations on January 1. It made 5,000 burgers and sold 4,000 of them. Hindenburger incurred the following costs: Raw materials $7,000 Wages
Hindenburger, Inc., began operations on January 1. It made 5,000 burgers and sold 4,000 of them. Hindenburger incurred the following costs:
| Raw materials | $7,000 |
| Wages of production workers | 5,000 |
| Rent for corporate headquarters | 5,000 |
| Depreciation on manufacturing equipment | 3,000 |
| Commissions paid to sales people | 4,000 |
Calculate the Total Product Cost for the year ended December 31.
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