Variable Costing Versus Absorption Costing Yellowstone Fabricators uses a process cost system and applies actual factory overhead to work in process at the end of the month The following data came from the records for March There were no beginning inventories and no ending work in process inventory From the information presented compute the following 1 Unit cost of production under absorption costing and variable costing Round your answers to two decimal places if necessary Absorption Costing Variable Costing 2 Cost of the ending inventory under absorption costing and variable costing Absorption Costing Variable Costing Direct Materials 200000 Direct Labor 100000 Variable factory overhead 80000 Fixed factory overhead 60000 Selling and administrative expenses 40000 Units produced 25000 Units sold 20000 Selling price per unit 25 QUESTION 1 QUESTION 2 QUESTION 3 QUESTION 4