Allocating product costs between ending inventory and cost of goods sold.

Solomon Manufacturing Company began operations on January $1.$ During the year, it started and completed $1,620$ units of product. The financial statements are prepared in accordance with GAAP. The company incurred the following costs:

Raw materials purchased and used$$3,210.$

Wages of production workers$$3,430.$

Salaries of administrative and sales personnel$$1,965.$

Depreciation on manufacturing equipment$$4,538.$

Depreciation on administrative equipment$$1,805.$

Solomon sold $1,110$ units of product.

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