The following information was extracted from the accounting records of Jump Around, Inc., a manufacturer of pogo sticks, for the fourth quarter of 2019:

Raw materials used . . . $12,000

Indirect materials used . . . $3,000

Direct labor . . . $6,000

Indirect factory labor . . . $1,000

Administrative and sales salaries . . . $3,000

Building depreciation* . . . $3,125

Building rent* . . . $3,000

*The building is 5,000 square feet. 4,000 square feet are devoted to manufacturing operations. The remaining square footage is devoted to administrative and selling activities. Shared costs are allocated based on square footage.

The company started the quarter with $15,000 in its Work in Process inventory. The balance in Work in Process inventory had increased to $20,000 by the end of the quarter. The net decrease in Finished Goods inventory during the quarter was $3,000.

The company uses an actual costing system to account for MOH and includes both direct and indirect materials in its Raw Materials Inventory account. Which of the following statements is correct?

A.The total indirect product costs for the period were $5,900.

B.Gross Profit for the period was equal to Sales Revenue minus $21,900.

C.Costs assigned to units completed during the period was $21,900.

D.The total period costs included in the above data chart equal $3,000.

E.More than one of the above statements is correct.