Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is a small manufacturer of window air conditioners and reported the following: Window Breeze Company Full Costing Income Statement for the Year Ending December 31, 2011 $120,000 35.000 85,000 Sales ($150 per unit) Less cost of goods sold Gross margin Less selling and administrative expenses: Selling expense Administrative expense Net income $15,000 15.000 30.000 $55.000 Annual FMOH was $25,000 and 1,000 units were produced. All administrative costs were fixed. Included in the $15,000 selling expense was $10,000 of fixed selling. CH 5 AP. How much is the value of variable costing ending inventory? $8,750 $4,000 $3,500 $3,000 $3,750