Last year, Paper Inc produced 300,000 units and sold 280,000 units. Beginning inventory was zero. During the period the following costs were incurred: Variable manufacturing overhead, per unit $ 35 Fixed manufacturing overhead, per unit $ 20 Direct labor, per unit $ 50 Direct materials, per unit $ 25 1. Compute the number of units in ending inventory. (2 pts. You must use a formula/calculation in the cell for full credit) lunits 2. What is the per-unit product cost using absorption costing method. (2 pts. You must use a formula/calculation in the cell for full credit) 3. Compute the dollar amount of the value of ending inventory using the absorption costing method. (2 pts. You must use a formula/calculation in the cell for full credit) 4. What is the per-unit product cost using variable costing method? (2 pts. You must use a formula/calculation in the cell for full credit) units 5. Compute the dollar amount of the value of ending inventory using the variable costing method. (2 pts. You must use a formula/calculation in the cell for full credit) 6. If you were advising the accounting department on which method to use, which would you say? Explain your reasoning. (2 pts)