A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials Direct labor $80,000 120,000 Variable factory overhead 140,000 Fixed factory overhead 40,000 $380,000 Operating expenses: Variable operating expenses Fixed operating expenses 90,000 $65,000 25,000 If 600 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. $22,800 Ob. $24,300 Oc. $28,200 Od. $34,000