BentonManufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory.

Costs involved in production are:

Direct material

$4.00Direct labor

4.00Variable manufacturing overhead

3.00Total variable manufacturing costs per unit

$11.00Fixed manufacturing overhead per year

$180,200

In addition, the company has fixed selling and administrative costs of $162,600per year.

During the year,Bentonproduces53,000snow shovels and sells48,270snow shovels.

How much fixed manufacturing overhead is in ending inventory under full costing?

Compare this amount to the difference in the net incomes(16082)