Criselda, Ltd. manufactures a single product. During the year, 80,000 units were sold for $650, while 88,000 units were produced. Their cost structure was:

• Variable Manufacturing Cost per unit: $159
• Variable Selling and Administrative cost per unit: $66
• Fixed Manufacturing Cost, Total: $10,453,000
• Fixed Selling and Administrative Costs, Total: $7,123,000

What is the ending finished goods inventory under variable costing?

Select one:

A.

$950,273 less than under absorption costing.

B.

$1,272,000 less than under absorption costing.

C.

$2,222,273 less than under absorption costing.

D.

$1,175,545 less than under absorption costing.

E.

$528,000 less than under absorption costing.