Beginning inventory O Units produced 42,000 Units sold 35,000 Sales price per unit P 80 Selling and administrative expenses: Variable per unit 5% of sales Fixed P 560,000 Manufacturing costs: Direct materials cost per unit 15 Direct labor cost per unit 7 Variable overhead cost per unit 2 Fixed overhead cost (total) 640,000 CS Semned with CamScan ser Required: 1. Under variable costing and absorpotion costing, respectively, compute the: a. unit product costs. b. profit.. C. ending inventory value. 2. Reconcile the difference in profit between the absorption and direct costing methods