Fast Track Auto produces and sells an auto part for $85 per unit. In 2017, the first year of operation, 100,000 parts were produced and 90,000 units were sold. Budgeted production which is same as actual production used as allocation base for fixed manufacturing costs allocation. Other information for the year includes: Direct materials Direct manufacturing labor Variable manufacturing costs Sales commissions Fixed manufacturing costs Administrative expenses, all fixed $23 per unit $6 per unit $1 per unit $6 per part $790,000 per year $310,000 per year What is cost of ending inventory using absorption costing? A) $400,000 B) $371,800 C) $379,000