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ABC Inc. uses absorption costing for inventory valuation. If the company's total manufacturing costs for the month were $220,000, with 16,000 units produced and 14,000

ABC Inc. uses absorption costing for inventory valuation. If the company's total manufacturing costs for the month were $220,000, with 16,000 units produced and 14,000 units sold, calculate the value of ending inventory under absorption costing and analyze its impact on reported profits.

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