keeps corporation produces a single product. last year krepps

Krepps Corporation produces a single product. Last year, Krepps manufactured 30,140 units and sold 24,600 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $253,176 $147,686 $223,036 $572,660 Sales totaled $1.242,300 for the year, variable selling and administrative expenses totaled $140,220, and fixed selling and administrative expenses totaled $217.008. There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending Inventory for the year would be valued at Multiple Choice $247.438 $289.938 $281.438 $219.938