Snyder Company produced 96,600 units during its first year of operations and sold 95,050 at $21.82 per unit. The company chose practical activity-at 96,600 unitsto compute its predetermined overhead rate. Manufacturing costs are as follows: Direct materials $564,144 Direct labor 115,920 Expected and actual variable overhead 401,856 Expected and actual fixed overhead 471,408 Required: If required, round unit cost answers to the nearest cent. 1. Calculate the unit cost and the cost of finished goods inventory under absorption costing. Unit Cost Cost of finished goods inventory 2. Calculate the unit cost and the cost of finished goods inventory under variable costing. Unit Cost Cost of finished goods inventory 3. What is the dollar amount that would be used to report the cost of finished goods inventory to external parties? $ Why