Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the companys operations last year follow:

Units in beginning inventory 0

Units produced 250

Units sold 225

Units in ending inventory 25

Variable costs per unit:

Direct materials $ 100

Direct labor $ 320

Variable manufacturing overhead $ 40

Variable selling and administrative $ 20

Fixed costs: Fixed manufacturing overhead $60,000

Fixed selling and admin $20,000

1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year?