Rorick, LLC manufactures a single product that had the following cost structure this year:

• Variable Manufacturing Cost per unit: $22
• Variable Selling and Administrative cost per unit: $12
• Fixed Manufacturing Cost, Total: $788,000
• Fixed Selling and Administrative Costs, Total: $381,000

They sold 29,000 units for $97 each during the year, and produced 37,000 units. What is the ending finished goods inventory under variable costing?

Select one:

A. $170,378 less than under absorption costing.

B. $178,378 less than under absorption costing.

C. The same as under absorption costing.

D. $96,000 greater than under absorption costing.

E. $176,000 less than under absorption costing.