A company produces a single product. Variable production costs are $12.20 per unit and variable selling and administrative expenses are $3.20 per unit. Fixed manufacturing overhead totals $38,000 and fixed selling and administration expenses total $42,000. Assuming a beginning inventory of zero, production of 4,200 units and sales of 3,700 units, the dollar value of the ending inventory under variable costing would be: Multiple Choice d $6,100 o $10,600 $7,700 O $4,500