A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $184,400 Direct labor 235,000 Variable factory overhead 240,900 Fixed factory overhead 91,900 $752,200 Operating expenses: Variable operating expenses Fixed operating expenses $123,300 42,800 166,100 If 1,500 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. $55,958 Ob. $77,822 Oc. $63,750 Od. $66,407