Preparing an Ending Finished Goods Inventory Budget Andrews Company manufactured a line of office chairs. Each chair taki $14 of direct materials and uses 19 direct latior hours at $16 per direct labor tour. The variable overhead rates $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour. Andrews expects to have 675 chasin ending inventory. There is no beginning inventory of office chairs Required: 1. Calculate the unit product cost. Round your answer to the nearestent 2. Calculate the cost of budgeted ending inventory