A manufacturer reports the following costs to produce 24.000 units in its first year of operations: Direct materials. $24 per unit Direct labor, $20 per unit, Variable overhead, $216,000, and Fixed overhead, $288,000. Of the 24,000 units produced, 23.200 were sold, and 800 remain in inventory at year end. Under absorption costing the value of the inventory is: Multiple Choice O o oo $52,000 $44.800 e to search $42,400. $26,400. $52,000. $44,800. $35,200