28. A company produces a single product. Variable production costs are $13.10 per unit and variable selling and administrative expenses are $4.10 per unit. Fixed manufacturing overhead totals $47,000 and fixed selling and administration expenses total $51,000. Assuming a beginning

inventory of zero, production of 5,100 units and sales of 4,150 units, the dollar value of the ending inventory under variable costing would be: a. $12,445 b. $20,995 c. $16,340 d. $8,550