Inventory Valuation under Variable Costing

During the most recent year, Judson Company had the following data associated with the product it makes:

Units in beginning inventory 300

Units produced 15,000

Units sold ($300 per unit) 12,700

Variable costs per unit:

Direct materials $20

Direct labor $60

Variable overhead $12

Fixed costs:

Fixed overhead per unit produced $30

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.___________

3. What is the value of ending inventory under variable costing?___________