Figure 8-5. Sanders Company has the following information for last year: Selling price $290 per unit Variable production costs $62 per unit produced Variable selling and admin. expenses $28 per unit sold Fixed production costs $240,000 Fixed selling and admin. expenses $180,000 Units produced 12,000 Units sold 7,000 There were no beginning inventories. 18. Refer to Figure 8-5. What is the value of ending inventory for Sanders using the absorption costing method? 19. Refer to Figure 8-5. What is the income for Sanders using the absorption costing method? 20. Refer to Figure 8-5. What is the cost of ending inventory for Sanders using the variable costing method?