Unit Costs, Inventory Valuation, Variable and Absorption Costing Snyder Company produced 90,100 units during its first year of operations and sold 86,150 at $21.83 per unit. The company chose practical activity -at 90,100 units-to compute its predetermined overhead rate. Manufacturing costs are as follows: Direct materials $563,125 Direct labor 72,080 Expected and actual variable overhead 344,182 Expected and actual fixed overhead 471,223 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 TA 1. Calculate the unit cost and the cost of finished goods inventory under absorption costing. Unit Cost $ $ Cost of finished goods inventory 2. Calculate the unit cost and the cost of finished goods inventory under variable costing. Unit Cost $ Cost of finished goods inventory th 3. What is the dollar amount that would be used to report the cost of finished goods inventory to external parties? $ Why