A business operated at 100% of capacity during its first month and incurred the following costs: $42,500 Production costs (3,500 units): Direct materials Direct labor Vanable factory overhead Fixed factory overhead 85,000 47,500 12.500 $187.500 Operating expenses Vonable operating expenses $15,000 Fixed operating expenses 4.500 19,500 11 75 units remain unsold at the end of the month, what is the amount of Inventory that would be reported on the absorption costing balance sheet? Oa 56.210 b. 55.250 Oc 55,625 Od 55,760