Information taken from Tuscarora Paper Company's records for the most recent year is as follows: Direct material used $281,000 135,200 69,000 109,000 63,200 34,100 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs Required: 1. Assuming Tuscarora Paper Company uses variable costing, compute the inventoriable costs for the year. 2. Compute the year's inventoriable costs using absorption costing. Inventoriable costs 1.Variable costing 2. Absorption costing