A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,100 units): Direct materials $179,800 Direct labor 227,800 Variable factory overhead 248,000 Fixed factory overhead 104,600 $760,200 Operating expenses: Variable operating expenses $133,400 Fixed operating expenses 42,300 175,700 If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is O a. $84,467 Ob. $103,989 Oc. $87,667 Od. $72,827