Unit Costs, Invy Valuation, Variable and Absorption Costing Snyder Comparoduced 94,900 units during its first year of operations and sold 00 at $22.38 per un chose practical activity-at 94,900 units-to compute its predetermined overhead Manufacturing costs Direct materials $608,309 Direct labor 79,716 Expected and actual variable overhead 384,345 Expected and actual fixed overhead 524,797 Required: If required, round unit cost answers to the nearest cent. 1. Calculate the unit cost and the cost of finished goods inventory under absorption costing. Unit Cost 16.83 Cost of finished goods inventory $ 50,490 x 2. Calculate the unit cost and the cost of finished goods inventory under variable costing. Unit Cost 9.03 x Cost of finished goods inventory 27,090 X 3. What is the dollar amount that would be used to report the cost of finished goods inventory to external pa $ 50,490 X Why? Because absorption costing is required for external reporting Feedback Check My World 1. See Cornerstone 18.3. Absorption costing assigns all manufacturing costs to each unit produced. Determine the number of units in ending inventory, then multiply by cost per unit. Check My Work 1 more Check My Work uses remaining. Pre