Larkspur Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of53,100tons of mineral was available for mining. After it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at $97,200. It believes it will be able to sell the property afterwards for $108,000. It incurred developmental costs of $216,000

before it was able to be mined In 2020, resources removed totaled26,550tons. The company sold19,470tons.

Compute the following information for 2020.

(a)Per unit mineral cost

(b)Total material cost of December 31, 2020, inventory

(c)Total material cost in cost of goods sold at December 31, 2020