Direct Materials: $7 per unit

Direct Labor: $9 per unit

Variable Overhead: $4

Selling & Administrative Costs includes: Variable Cost: $85,000 per year& Fixed: $45,000 per year

Fixed Manufacturing Overhead: $100,000 per year

Waltman Company just ended its first year of operations. We are hired to help with the company's reporting. The Tableau Dashboard provides data for our analysis. Fixed Overhead Costs Per Vsar Selling \& Administrative Costs Per Year Required: 1. Compute its product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption costing. Complete this question by entering your answers in the tabs below. Determine the cost of ending finished goods inventory using absorption costing