For 2017, Rockford, Inc., had sales of 150,000 units and production of 200,000 units. Other information for the year included: Direct manufacturing labor $197,500 Variable manufacturing overhead 100,000 Direct materials 160,000 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Fixed manufacturing overhead 250,000 There was no beginning inventory.

Compute the ending finished goods inventory under both absorption and variable costing.