Variable Costing, Absorption Costing

During its first year of operations, Snobegon, Inc. $($located in Lake Snobegon, Minnesota$),$ produced $40,100$ plastic snow scoops. Snow scoops are oversized shovel$-$type scoops that are used to push snow away. Unit sales were $39,000$ scoops. Fixed overhead was applied at $$0\mathrm{.}70$ per unit produced. Fixed overhead was underapplied by $$2,800.$ This fixed overhead variance was closed to Cost of Goods Sold. There was no variable overhead variance. The results of the year's operations are as follows $($on an absorption$-$costing basis$)$:

Required:

Calculate the cost of the firm's ending inventory under absorption costing. Round your final answer to the nearest

dollar.

$?_______

Whatisthecostoftheendinginventoryundervariablecosting?Roundunitcosttofivedecimalplaces.Roundyourfinalanswertothenearestdollar.

$${?}_{\_\_\_\_\_\_}$