A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units): Direct materials $180,000 Direct labor 240,000 Variable factory overhead 280,000 Operating expenses. Variable operating expenses YouTube How Fixed operating expenses $130,000 50,000 180,000 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 Oa. $66,400 Ob. $64,000 Oc. $56,000 Od. $78,400