Determinant company is a price-taker and uses a target-pricing approach. refer to the following information: production volume 600,000 units per year market price $30 per unit desired operating income 15% of total assets total assets $13,700,000 what is the target full product cost in total for the year? assume all units produced are sold.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: