A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,800 units): Direct materials $178,800 Direct labor 234,800 Variable factory overhead 242,100 Fixed factory overhead 93,000 $748,700 Operating expenses: Variable operating expenses Fixed operating expenses $123,500 42,900 166,400 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 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. $55,808 Ob. $77,881 Oc. $66,315 Od. $63,719