A company produces a single product. Variable production costs are $14.00 per unit and variable selling and administrative expenses are $5.00 per unit. Fixed manufacturing overhead totals $56,000 and fixed selling and administration expenses total $60,000. Assuming a beginning inventory of zero, production of 6,000 units and sales of 4,600 units, the dollar value of the ending inventory under variable costing would be: Multiple Choice $19,600 $32,200 $26,600 $12,600