Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29700 units. Production costs for the year were as follows Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $257,325 $179, 775 267,900 $634,508 Sales totaled $1,351.350 for the year, variable selling and administrative expenses totaled $151,470, and fixed selling and administrative expenses totaled $257.325. There was no beginning inventory. Assume that direct labor is a varable cost Under absorption costing. the ending Inventory for the year would be valued at Mutiple Choice $210.900 $272400 $280 900 $238,400