Assume you have developed and tested a prototype electronic product and are about to start your new business. You purchase pre-programmed computer chips at $80 per unit. Other component costs include: plastic casings at $15 per unit and assembly hardware at $5 per unit. Direct labor costs are $15 per hour and three units can be produced per hour. You intend to sell each unit at a 50 percent mark-up over the total costs of producing each unit. The plan is to produce 500 product units per month in January, February, and March. Sales are expected to be: 200 units in January, 400 units in February, and 800 units in March. Find inventory level ($ amount) at the end of March.

Group of answer choices

$21,000

$10,500

$52,500

$84,000

$42,000