During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $6 per unit. Direct labor. $4 per unit, Variable overhead, $5 per unit, and Fixed overhead, $234,000. The company produced 26,000 units, and sold 18,000 units, leaving 8,000 units in Inventory at year-end. What is the value of ending inventory under variable costing? Multiple Choice 5354000 $192,000 $120,000 $234,000 572,000