Q2. (10 marks) For the current year, Bose Inc., had sales of 42,000 units and production of 50,000 units. Other information for the year included: Direct manufacturing labour$169,900 Variable manufacturing overhead73,500 Direct materials62,300 Variable selling expenses21,000 Fixed administrative expenses 224,000 Fixed manufacturing overhead 125,500 There was no beginning inventory. I 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