Preparing an Ending Finished Goods Inventory Budget Andrews Company manufactures a line of office chairs. Each chair takes $18 of direct materials and uses 1.9 direct labor hours at $14 per direct labor hour. The variable overhead rate is $1.00 per direct labor hour, and the fixed overhead rate is $1.40 per direct labor hour. Andrews expects to have 620 chairs in ending inventory. There is no beginning inventory of office chairs. Required: 1. Calculate the unit product cost, Round your answer to the nearest cent. 2. Calculate the cost of budgeted ending inventory. Round your answer to the nearest dollar