A business operated at 100% of capacity during its first month and incurred the following costs: $175,300 222,800 Production costs (17,200 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses 260,900 98,000 $757,000 $123,800 42,400 166,200 If 1,600 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. $85,879 Ob. $72,819 Oc. $61,302 Od. $70,416