Preparing an Ending Finished Goods Inventory Budget

Andrews Company manufactures a line of office chairs. Each chair takes $$12$ of direct materials and uses $1\mathrm{.}9$ direct labor

hours at $$14$ per direct labor hour. The variable overhead rate is $$1\mathrm{.}00$ per direct labor hour, and the fixed overhead rate is

$$1\mathrm{.}60$ per direct labor hour. Andrews expects to have $730$ chairs in ending inventory. There is no beginning inventory of

office chairs.

Required:

Calculate the unit product cost. Round your answer to the nearest cent.

$

Calculate the cost of budgeted ending inventory.

$