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Question 2 Gb9-2L Company began operations in 2021. During that year, Gb9-2L Company produced 25,000 units and sold 10,000 units. The following information was taken

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Question 2 Gb9-2L Company began operations in 2021. During that year, Gb9-2L Company produced 25,000 units and sold 10,000 units. The following information was taken from Gb9-2L Company's accounting records for 2021: Sales revenue Direct materials cost Direct labor cost Variable overhead Fixed overhead Variable selling & administrative costs Fixed selling & administrative costs $723,000 $184,000 $127,000 $109,000 $286,000 $116,000 $225,000 Using absorption costing, calculate the dollar amount of Gb9-2L Company's finished goods inventory at December 31, 2021

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