Sam Darnold Company produces a single product called INT6. Last year, Sam Darnold Company manufactured 34,080 units and sold 28,200 units. Production costs for the year were as follows: Sales totaled $1,494,600 for the year, variable selling and administrative expenses totaled $163,560, and fixed selling and administrative expenses totaled $224,928. There was no beginning inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending inventory for the year would be valued at: Multiple Choice $221,540 $264,040 $194,040 $255,540