The following data relate to Santa Mia, Incorporated, a new company:

Planned and actual production	200,000	units
Sales at $48 per unit	170,000	units
Manufacturing costs:
Variable	$18	per units
Fixed	$ 840,000
Selling and administrative costs:
Variable	$7	per units
Fixed	$ 925,000

There were no variances during the period.

Required:

1. Determine the number of units in the ending finished-goods inventory.
2. Calculate the cost of the ending finished-goods inventory under
   1. variable costing and
   2. absorption costing.
3. Determine the company's variable-costing income.
4. Determine the company's absorption-costing income.