Preparing an Ending Finished Goods Inventory Budget Andrews Company manufactures a line of office chairs. Each chair takes $18 of direct materiais and uses 1.9 direct labor hours at $18 per direct labor hour, The varisble overhead rate is $1.10 per direct labor hour, and the foxed overhead rate is $1.40 per direct labor hour. Andrews expects to have 710 chairs in ending inventory, There is no beginning inventory of othice chairs. Required: 1. Calculate the unit product cost. Round your answer to the nearest cent. i. x 2. Calculate the cost of budgeted ending inventory. 4 x