a formal

During its first year of operations, the McCormick Company incurred the following manufacturing costs Direct materials, $5 per unit, Direct labor, $3 per unit, Variable overhead, $4 per unit, and Fixed overhead, $250.000. The company produced 25,000 units, and sold 20,000 units, leaving 5,000 units in inventory at year-end. What is the value of ending inventory under variable costing? $250,000 $60,000 $110,000 $50,000