Eastern Waves Co. makes paddle boards which are distributed to a variety of beach shops along the Jersey Shore. Financial information related to Eastern Waves' operations is below. During 2019, Eastern Waves produces 2,000 paddleboards and sells 1,750. For simplicity, assume no beginning inventory. What is the value of Eastern Waves' ending inventory at 12/31/19 under absorption costing?

Data ber board: Direct materials $150 Direct manufacturing labor $120 Variable manufacturing overhead $95 Variable selling expenses $35 Total cost information: Fixed manufacturing overhead $200,000 Fixed administrative expenses $250,000

$116,250

$100,000

$125,000

$91,250