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Krepps Corporation produces a single product. Last year, Krepps manufactured 27120 units and sold 21,800 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $222,384 $124,752 $208,824 $461,040 Sales totaled $915,600 for the year, variable selling and administrative expenses totaled $128.620. and fixed selling and administrative expenses totaled $197.976. There was no beginning inventory Assume that direct laboris a variable cost. Under absorption costing, the ending inventory for the year would be valued at (Round your intermediate calculations to 2 decimal places.) Sved Multiple Choice $261,000 $199,500 1 o o oo $269,500 s227,000