The following are data regarding last year's production of Dicer Ricer, one of the major products of Kitchen Gadget Company:

Purchases of direct materials	$	332,000
Direct materials used		333,600
Direct labor payrolls (paid during the year)		176,700
Direct labor costs assigned to production		180,000
Manufacturing overhead		288,000

During the year, 61,000 units of this product were manufactured and 62,100 units were sold. Selected information concerning inventories during the year follows:

	End of Year				Beginning of Year
Materials		$	?			$	12,800
Work in Process			4,700				3,000
Finished Goods, Jan. 1 (3,000 units @ $13)			?				39,000

Instructions

a.	Prepare a schedule of the cost of finished goods manufactured for the Dicer Ricer product.

b.	Compute the average cost of a Dicer Ricer per finished unit for last year. (Round your answer 4 decimal places.)

c.

Compute the cost of goods sold associated with the sale of Dicer Ricer. Assume that there is a first-in, first-out (FIFO) flow through the Finished Goods Inventory account and that all units completed during the year are assigned the per-unit costs determined in part b. (Do not round intermediate calculations and round your final answer to the whole dollar.)

d.	Compute the amount of inventory relating to Dicer Ricer that will be listed in the company's balance sheet at December 31. (Do not round intermediate calculations and round your final answer to the whole dollar.)