A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,600 units): Direct materials $177,900 Direct labor 226,200 Variable factory overhead 254,100 Fixed factory overhead 100,600 $758,800 Operating expenses: Variable operating expenses $128,300 Fixed operating expenses 44,000 172,300 If 1,800 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. 560,447 Ob. $69,678 Oc. $85,509 O d. 572,230