Page Break Hede Q1. (10 marks) For the current year, Bose Inc., had sales of 45,000 units and production of 55,000 units. Other information for the year included Direct manufacturing Labour$169,500 Variable manufacturing overhead73,000 Direct materials62,000 Variable selling expenses 20,000 Fixed administrative expenses225,000 Fixed manufacturing overhead125,000 There was no beginning inventory. Required: a. Compute the ending finished goods inventory under both absorption and variable costing. b.Compute the cost of goods sold under both absorption and variable costing Page Break