Consider the following information pertaining to a year’s operations of Hamilton Manufacturing:

Units sold ....................................................................................1,400
Units produced ..........................................................................1,900
Direct labour ............................................................................$4,500
Direct materials used ...............................................................3,500
Fixed manufacturing overhead ..............................................2,850
Variable manufacturing overhead ............................................300
Selling and administrative expenses (all fixed) .......................700
Beginning inventories ....................................................................0
Contribution margin ...............................................................5,600
Direct-materials inventory, end................................................800

There are no work-in-process inventories.
1. What is the ending finished-goods inventory cost under absorption costing?
2. What is the ending finished-goods inventory cost under variable costing?