A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,200 units): Direct materials $172,700 Direct labor 230,500 Variable factory overhead 268,100 Fixed factory overhead 97,200 $768,500 Operating expenses: Variable operating expenses $ 124,300 Fixed operating expenses 47.300 171,600 If 1,800 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is Oa. $70,252 O. 398,383 Oc. $83,260 Od. $80,424