Krepps Corporation produces a single product. Last year, Krepps manufactured 32900 units and sold 27500 unts. Protution cost ever er a lows. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $253, 33e $171,888 $289,52e $592,200 Sales totaled $1,168.750 for the year, variable selling and administrative expenses totaled $148.500, and fixed selling and administrative expenses totaled $227010 There was no beginning inventory. Assume that direct labor is a variable cost. $1168,750 for the year selling and administrative expenses totaled $227010. Under absorption costing, the ending inventory for the year would be valued at: (Round your intermediate calculations to 2 decimal places.)