Inventory Valuation under Absorption Costing Hansard Company produced 38,910 units during its first year of operations and sold 36,900 at $17 per unit. The company chose practical activity-at 38,910 units-to compute its predetermined overhead rate. Manufacturing costs are as follows: Direct materials $81,250 Direct labor 101,700 Variable overhead 15,300) Fixed overhead 50,300 Required: 1. Calculate the unit cost for each of these four costs. Round your answers to the nearest cent Unit direct materials cost Unit direct labor cost Unit variable overhead cost Unit fixed overhead cost 2. Calculate the cost of one unit of product under absorption costing. Round your answer to the nearest cent per unit 3. How many units are in ending inventory? units