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Krepps Corporation produces a single product. Last year, Krepps manufactured 26,160 units and sold 20.900 units Production costs for the year were as follows: Direct

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Krepps Corporation produces a single product. Last year, Krepps manufactured 26,160 units and sold 20.900 units Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $ 188, 352 $112.488 224,976 470,880 Sales totaled $971.850 for the year, variable setting and administrative expenses totaled $108,680, and fixed selling and administrative expenses totaled $190.963. There was no beginning inventory. Assume that direct laboris a variable cost Under absorption costing. the ending Inventory for the ver would be valued at

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