A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,700 units): Direct materials $178,200 Direct labor 223,300 Variable factory overhead 246,700 Fixed factory overhead 99,200 $747,400 Operating expenses: Variable operating expenses Fixed operating expenses $127,300 46,800 174,100 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. $51,995 Ob. $73,917 Oc. $62.206 Od. $59,940