7. IKS is created on 01-01-2021. It manufactures and sells scooters. The following information is taken from the company's accounting records.

The cost of the ending inventory under the full cost method is:

a)256 000 $

b)60 000 $

c)80 000 $

d)Unable to determine

12/31/2021 (December 31, 2021) Scooter inventory (units), end 2021 10 000 Sales (units) 22 000 Raw materials consumed 76 000 Variable manufacturing overheads 34 000 Fixed indirect manufacturing costs 64 000 Direct labor 82 000 12/31/2021 (December 31, 2021) Scooter inventory (units), end 2021 10 000 Sales (units) 22 000 Raw materials consumed 76 000 Variable manufacturing overheads 34 000 Fixed indirect manufacturing costs 64 000 Direct labor 82 000