The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units Units produced Units sold Sales Materials cost Variable conversion cost used Fixed manufacturing cost Indirect operating costs (fixed) 0 5,600 4,400 $572,000 $ 112,000 $ 56,000 $ 196,000 $ 88,000 Cost of goods sold using variable costing is: Cost of goods sold using variable costing is: Multiple Choice $132,000 $42.400 $112,400 $146,400