Meow Foods had 2,000 25-pound bags of cat food in beginning inventory. During 2019, the company manufactured 16,000 bags and sold 15,000 units. Each bag of food is sold for $17. Assume the same unit costs in all years. The company experienced the following costs Direct materials 18. 50 per unit Direct labor $2.10 per unit Variable manufacturing overhead $1.90 per unit Variable selling $1.00 per unit Fixed manufacturing overhead 348.000 Fixed selling 1524,000 Fixed administrative 330.000 If the company uses variable costing, at what amount is the ending inventory for the year valued? $25,500 528,500 534,500