Home I: Rick Ricky's 2020 manufacturing costs for its plant were as follows: Direct Materials $1,100,000, Other Variable Manufacturing Cost $450,000, Additional Raw Material put into production $60,000 and Depreciation of Factory building and manufacturing equipment $100,000, Other Fixed Manufacturing Overhead cost $40,000. During 2020 Rick Ricky manufactured 100,000 units and 30,000 were on hand at year end. What amount should be considered product cost for (a) internal reporting purposes? and (b) external reporting purposes? What is the value of ending inventory under both (c) absorption costing and (d) direct costing? (e) under variable costing, what is the period cost? sales were $90 per