Beiber Boxers contribution income statement utilizing variable costing for 2017 variable costing appears below: $78,000 $26,000 9.750 35.750 Sales ($12 per unit) Less variable costs: Cost of goods sold Selling & administrative Contribution margin Less fixed costs: Manufacturing overhead Selling & administrative costs Net income 42,250 12,600 14,950 27.550 $ 14,700 The company produced 7,000 units during the year. Variable and fixed production costs have remained constant the entire year. There were no beginning inventories. How much is the dollar value of the ending inventory using full costing