9) For 2018, Gilligan, Inc., had sales of 80,000 units and production of 100,000 units. Other information for the year included: Direct manufacturing labor Variable manufacturing overhead Direct materials Variable selling expenses Fixed administrative expenses Fixed manufacturing overhead $190,500 110,000 175,000 100,000 100,000 250,000 There was no beginning inventory. Required: a. Compute the ending finished goods inventory under both absorption and variable costing. 175,000+190,500+110,000= $475,500 b. Compute the cost of goods sold under both absorption and variable costing