Sheridan Company sells its product for $30 per unit. During 2022, it produced 25500 units and sold 13000 units (there was no beginning inventory). Costs per unit are: direct materials $8, direct labour $7, and variable overhead $6. Fixed costs are: $331500 manufacturing overhead, and $51000 selling and administrative expenses. Ending inventory under variable costing is $594000. $262500. O $535500. O $645000.

Sheridan Company selis its product for $30 per unit. During 2022 , it produced 25500 units and sold 13000 units (there was no beginning inventory). Costs per unit are: direct materials $8, direct labour $7, and variable overhead $6. Fixed costs are: $331500 manufacturing overhead, and $51000 selling and administrative expenses. Ending inventory under variable costing is $594000. $262500. $535500. $645000