A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,300 units): Direct materials $170,600 Direct labor 220,300 Variable factory overhead 252,500 Fixed factory overhead 101,300 $744,700 Operating expenses: Variable operating expenses Fixed operating expenses $131,900 40,500 172,400 If 1,800 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is a. $95,421 b. $77,483 c. $66,942 Od. $80,667