McFarlane, Inc There Are No Beginning Inventories

Multiple Choice

McFarlane, Inc. reports the following information: $$\begin{array} { | l | r | l | } \hline \text { Units produced } & 600 & \text { units } \\\hline \text { Units sold } & 410 & \text { units } \\\hline \text { Sales price } & \$ 130 & \text { per unit } \\\hline \text { Direct materials } & \$ 25 & \text { per unit } \\\hline \text { Direct labor } & \$ 9 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 16 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 18,300 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 5 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 12,900 & \text { per year } \\\hline\end{array}$$ There are no beginning inventories. What is the ending balance in Finished Goods Inventory using variable costing?

A) $9500
B) $6460
C) $10,450
D) $15,295