Eastern Waves Co.makes paddle tpards which are distributed to a variety of beach shops along the Jersey Shore. Financial information related to Eastern Waves' operations is below. During 2021. Eastern Waves produces 2.000 paddle boards and sells 1,650. For simplicity, assume no beginning inventory. What is the value of Eastern Waves'ending Inventory at 12/31/21 under absorption costing? Cost per board Direct materials $150 Direct manufacturing labor $120 Variable manufacturing 595 overhead Variable selling expenses $35 Total cost information Foed manufacturing overhead $200,000 Fbud administrative expenses $250,000 $68.400 $46.500 $116,250 $162.750