Joe Barker is the production manager of Auto Parts Company (APC) and he has been asked to prepare 2020s ending finished goods budget for the S222 product. Based on historical figures, Joe determines the following information regarding direct materials, direct labor and manufacturing overhead for the S222 product.

Direct Materials Costs per Unit	$2.00	per unit
Direct Labor Cost per Direct Labor Hour (DLH)	$10.00	per DLH
DLH per Unit	0.50	DLH per unit
Predetermined Manufacturing Overhead Rate	$1.00	per DLH

Assume APC targets 5,000 units of S222 for ending inventory at the end of 2020. Calculate the value of S222 inventory that will be recorded in 2020s budgeted balance sheet. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Unit Cost: $Answer Ending Finished Goods Inventory: $Answer