Part 2 Full and Variable Costing Cookie Business Productions Costs: Direct material 0.60 Direct labor $ 1.00 Variable manufacturing overhead $ 0.40 I otal variable manufacturing costs per unit $ 2.00 Fixed manufacturing overhead per year $ 139,000.00 In addition, the company has fied selling and administratve costs: Fixed selling costs per year $ 50,000.00 Fixed administrative costs per year $ 65,000.00 Selling price per cookie $ 3.75 Number of cookies produced 2,780,000 Number of cookies sold 2,600,000 Fuii (absorption) costing : Full cost per unit 2.05 Ending Inventory Full (absorption) costing $ 369,000 Variable costng : Variable cost per unit 2.00 Ending Inventory Full (absorption) costng $ 360,000