35. A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (17,400 units):

Direct materials $179,100

Direct labor 221,800

Variable factory overhead 266,800

Fixed factory overhead 96,400 $764,100

Operating expenses:

Variable operating expenses 127,900

Fixed operating expenses 43,400 $171,300

If 1,800 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?

Production costs (17,400 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses $179,100 221,800 266,800 96,400 $764,100 $127,900 43,400 171,300