Question 37 (2 points) Hernando Manufacturing, Inc. reported the following information for the year: Number of Units Produced 152,000 62,000 $268,00 Number of Units Sold Cost of Goods Manufactured Cost of Goods Sold 52,900 130,000 72,940 Sales Revenue Gross Profit 727,000 Operating Expense What was the unit product cost? (Round your answer to the nearest cent) Vermont State, Inc. used $153,000 of direct materials and incurred $63,000 of direct labor costs during the year. Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of $53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending finished goods inventory, but Work-in-Process inventory began the year with a $5000 balance and ended the year with a $7400 balance. How much is the cost of goods manufactured? A) $1.010,800 B) $1,003,400 C) $1,005,800 D) $12,400