At the end of the first year of operations,$2,700$units remained in the finished goods inventory. The unit manufacturing costs during the year were as follows:Direct materials $$24\mathrm{.}00$Direct labor$11\mathrm{.}60$Fixed factory overhead cost$3\mathrm{.}90$Variable factory overhead cost$3\mathrm{.}15$Determine the cost of the finished goods inventory reported on the balance sheet under$($a$)$the absorption costing concept and