A company reports the following information for its first year of operations.

Direct materials	$ 30	per unit
Direct labor	$ 32	per unit
Variable overhead	$ 8	per unit
Fixed overhead	$ 320,000	per year
Units produced	20,000	units
Units sold	14,000	units
Ending finished goods inventory	6,000	units

1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption costing.