Singh Enterprises manufactures picture frames. Its productio…

Singh Enterprises manufactures picture frames. Its production operations are divided into two departments — Assembly and Finishing. The company uses a process costing system. Singh incurred the following costs during the year to produce 6000 picture frames: Assembly                   $9700 Finishing                    $2250 If Singh sold 5100 picture frames for $4.25 per frame during the year, what is the Gross Profit  reported?