Krepps Corporaton produces a single product. Last yoar r, Krepps manufactured 20,000 uniss and sold 15,000 units Production costs for the year were as follows Direct materiala Direct laboz Variable manufacturing overhead Fixed manufacturing overhead $170,000 $110.000 $200,000 240 000 Sales totaled $825,000 for the selling and There was no beginning inventory. Assume that direct labor is a vaniable cost e year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000 Under absorption costing, the ending inventory for the year would be valued at Multple Choice $180,000 $0 $248.250 $216,000 Next Prev7 or 12 N