A manufacturer has 200 units in finished goods inventory at the end of the year. Using the per unit information provided below, compute the cost of finished goods inventory reported on the balance sheet under absorption costing. Direct materials Direct labor Variable overhead Fixed overhead A. $20,000 B. $16,000 C. $16,800 OD. $15,200 E. $7,200 $ 40 per unit $ 24 per unit $ 16 per unit $20 per unit