During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $7 per unit, Direct labor. $5 per unit, Variable overhead, $6 per unit, and Fixed overhead, $279.000. The company produced 31,000 units, and sold 20,500 units, leaving 10,500 units in inventory at year-end What is the value of ending inventory under absorption costing? Multiple Choice O $189,000 O $283,500 $94,500 $279,000