Lagan, Inc. collected the below data. (There is no starting inventory.)

Produced units	600	units
Sale price	140 dollars	per unit
Direct materials	50 Dollars	per unit
direct labor	11 dollars	per unit
Variable production load	6 dollars	per unit
Fixed production load	$16,500	per year
Variable selling and management costs	4 dollars	per unit
Fixed selling and management costs	$12,500	per year

Required:

What is the closing balance in Inventory of Finished Goods using variable costing in the following cases?

400 units sold?