Eastwood Company has the following information for previous year.

Selling price $150 per unit

Variable production costs $40 per unit produced

Variable selling and admin. expenses $16 per unit sold

Fixed production costs $200,000

Fixed selling and admin. expenses $140,000

Units produced 10,000 units

Units sold 8,000 units

There were no beginning inventories.

a. What is the ending inventory for Eastwood using the absorption costing method?

b. What is the cost of ending inventory for Eastwood using the variable costing method?