Yellowstone Fabricators uses a process cost system and applies actual factory overhead to work in process at the end of the month. The following data came from the records for March:

Direct materials......................................................... $200,000

Direct Labor................................................................... $100,000

Variable Factory............................................................ $80,000

Fixed Factory overhead................................................. $60,000

Selling and administrative expenses......................................... $40,000

Units produced...................................................... 25,000

Units sold............................................................................... 20,000

Selling price per unit............................................................. $ 25

There were no beginning inventories and no ending work in process inventory.

From the information presented, compute the following:

1. Unit cost of production under absorption costing and variable costing.
2. Cost of the ending inventory under absorption costing and variable costing.