Inventory Valuation under Variable Costing During the most recent year, Judson Company had the following data associated with the product it makes: 300 15,000 Units in beginning inventory Units produced Units sold ($300 per unit) Variable costs per unit: 12,700 Direct materials $20 Direct labor $60 Variable overhead $14 Fixed costs: $30 Fixed overhead per unit produced Fixed selling and administrative $140,000 Required: 1. How many units are in ending inventory? units 2. Using variable costing, calculate the per-unit product cost. per unit S 3. What is the value of ending inventory under variable costing