At Exodus Inc., 40,000 units are produced and 30,000 units are sold in the first year of operation. Fixed manufacturing costs are $120,000 and variable manufacturing costs per unit are $8. Cost of the ending finished goods inventory under the absorption costing approach is

Select one:

a. $ 80,000

b. $240,000

c. $120,000

d. $110,000

e. $320,000