Sierra Company incurs the following costs to produce and sell its only product.

$\backslash$table$[[$Var$],[$Direct materials,$$,9],[$Direct labor,$$,7],[$Variable manufacturing overhead,$$,4],[$Variable selling and administrative expenses,$$,6],[$Fixed costs per year:$],[$Fixed manufacturing overhead,$$,113,000],[$Fixed selling and administrative expenses,$$,315,000]]$

During this year, $28,250$ units were produced and $25,750$ units were sold. The Finished Goods inventory account at the end of this year shows a balance of $$50,000$ for the $2,500$ unsold units.

Req $1A,$ Req $1B,$ Req $2$ A $2$ B

Calculate this year's ending balance in Finished Goods inventory two ways$-$using variable costing and using absorption costing. $($Round intermediate calculation to the nearest dollar amount.$)$

$\backslash$table$[[,\backslash$table$[[$Ending Balance in$],[$Finished Goods$]]],[$Variable costing,$