Inventory valuation under absorption costing and variable costing At the end of the first year of operations, the number of units and the unit manufacturing costs were as follows: DATA Units in the finished goods inventory Direct materials Direct labor Fixed factory overhead Variable factory overhead 21.800 $21 13 25 14 Using formulas and cell references, perform the required analysis, and input your answers into the Cost of Finished Goods column. Transfer the numeric results for the green entry cells (C15:C16) into the appropriate fields in CNOWv2 for grading. Cost of Finished Goods Formulas a. Absorption costing b. Variable costing