Manufacturing costs remained relatively stable at Splish Company over the past year. Its variable and fixed manufacturing costs were budgeted at $49,500 and $30,000, respectively, using budgeted production of 1,500 units. Variable and fixed selling, general, and administrative expenses were budgeted at $15,000 and $30,000, respectively, for the same budgeted volume. If Splish Company produced 1,500 units but recognized unit sales of 1,400, how much did it report for its COGS this year under absorption costing? How much inventory cost will be on the balance sheet at the end of this year? Assume no beginning FG Inventory. Ending FG inventory cost Save for later Attempts: 0 of 5 used