8. A company has incurred the following total costs for its very first month of operations: Raw materials purchased Direct labor $67,000 $81,000 S26,000 Variable factory overhead Fixed factory overhead Variable selling and administrative Fixed selling and administrative $6,000 $8,000 The company also reported the following information: Sales (1,600 units) Gross margin S192,000 S57,000 Ending inventories Raw materials Work-in-process Finished goods (in units) 10,000 None 900 units How much fixed overhead cost is included in ending finished goods inventory under absorption costing? $16,897.5 9 The Kevston Comman has thnee diui search PrtScn Home FS 4 9