baker company produced 30000 units and sold 28000 units in 2011 ($200/unit). Beginning inventory was zero. During the period, the following costs were incurred. indirect labor $60000 indirect materials $30000 Other (variable overhead) $90000 Fixed manufacturing overhead $180000 Fixed administrative expenses $150000 Fixed selling expenses $120000 Variable selling expenses, per unit $40 Direct labor, per unit $80 Direct materials, per unit $20 Required: Compute the dollar amount of ending inventory and profit using absorption costing. Compute the dollar amount of ending inventory and profit using variable costing. Reconcile and explain the difference between absorption costing profit and variable costing profit