Wildhorse Company produced 9,600 units during the past year, but only 8,200 of the units were sold. The following additional information is also available. Direct materials used Direct labor incurred Variable manufacturing overhead Fixed manufacturing overhead Fixed selling and administrative expenses $97,800 $31,000 $20,000 $38,400 $70,000 Variable selling and administrative expenses $8,000 There was no work in process inventory at the beginning and end of the year, nor did Wildhorse have any beginning finished goods inventory. (a) Your Answer Correct Answer (Used) What would be Wildhorse Company's finished goods inventory cost on December 31 under variable costing? (Round intermediate calculations to 2 decimal places e.g. 10.25 and final answer to O decimal places, e.g. 2,510.) Finished goods inventory cost $ 21,700