The X company produces a single product. Variable production costs are $12.9 per unit and variable selling and administrative expenses are $3.9 per unit. Fixed manufacturing overhead totals $45,000 and fixed selling and administration expenses total $49,000. Assuming a beginning inventory of zero, production of 4,900 units and sales of 4,050 units, the dollar value of the ending inventory under variable costing would be:

	$10,965
	$18,615
	$14,280
	$7,650