A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,100 units): Line Item Description Amount Amount Direct materials $184,100 Direct labor 229,200 Variable factory overhead 241,900 Fixed factory overhead 92,700 $747,900 Operating expenses: Variable operating expenses $134,400 Fixed operating expenses 44,100 178,500 If 1,600 units remain unsold at the end of the month,

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,100 units ) If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is a. $66,113 b. $69,799 c. $81,892 d. $57,904