During its first year of operations, the MK Company incurred the following manufacturing costs: The company produced 28,000 units, and sold 19,000 units, leaving 9,000 units in inventory at yearend. What is the value of ending inventory under absorption costing (round your final answer to the nearest whole dollar, i.e. 104.735 would be 105 )? FCC, Inc. reports the following information for July: - Sales $851,000 - Fixed cost of goods sold $109,000 - Variable cost of goods sold $265,000 - Fixed selling and administrative costs $103,000 - Variable selling and administrative costs $128,000 Calculate the gross margin for the month under absorption costing (round your final answer to nearest whole dollar, i.e. 104.735 would be 105 )