Chang Company reports the following data:

Finished Goods Inventory:

Beginning balance, in units………. 500

Units produced …………… 2,200

Units sold ……………. 1,800

Ending balance, in units ………. 900

Production Costs:

Variable manufacturing costs per unit ….. $ 56

Total fixed manufacturing costs ……. 24,300

Calculate the product cost per unit and the total cost of the 900 units in ending inventory using absorption costing and variable costing.

Chang Company reports the following data Finished Goods Inventory Beginning