The following information is available for Richardson Company for its first year of operations: If Richardson Company had used variable costing, what amount of income before income taxes would it have reported? What was the total amount of Selling,General and Administrative expense incurred by Richardson Company?what would it show as the value of ending inventory?

Sales in units	5,000
Production in units	8,000
Manufacturing costs:
Direct labor	$3 per unit
Direct material	$5 per unit
Variable overhead	$1 per unit
Fixed overhead	$100,000
Net income (absorption method)	$30,000
Sales price per unit	$40