Prime Cost, Conversion Cost, Preparation of Income Statement: Manufacturing Firm Kildeer Company makes easels for artists. During the last calendar year, a total of 25,000 easels were made, and 26,000 were sold for $56 each. The actual unit cost is as follows: Direct materials $13.00 Direct labor 6.00 Variable overhead 8.00 Fixed overhead 15.00 Total unit cost $42.00 The selling expenses consisted of a commission of $1.10 per unit sold and advertising co-payments totaling $90,500. Administrative expenses, all fixed, equaled $180,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $105,000 for 2,500 easels. Required: 1. Calculate the number and the dollar value of easels in ending finished goods inventory. Ending units fill in the blank b908a909ffc0060_1 Dollar amount $fill in the blank b908a909ffc0060_2 2. Prepare a cost of goods sold statement.