Krepps Corporation produces a single product. Last year, Krepps manufactured 29,010 units and sold 23,900 units. Production costs for the year were as follows:

Direct materials	$	214,674
Direct labor	$	121,842
Variable manufacturing overhead	$	243,684
Fixed manufacturing overhead	$	319,110

Sales totaled $1,159,150 for the year, variable selling and administrative expenses totaled $126,670, and fixed selling and administrative expenses totaled $205,971. 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

• $228,410

• $185,910

• $219,910

• $158,410