Payton Corporation manufactures a propeller. Shown below is Payton's cost structure: In its first year of operations, Payton produced 60,000 propellers but only sold 54,000. What is the total cost that would be assigned to Payton's finished goods inventory at the end of the first year of operations under variable costing?

Select one:

a. $765,000

b. $684,000

c. $804,000

d. $912,000

Payton Corporation manufactures a propeller. Shown below is Payton's cost structure: In its first year of operations, Payton produced 60,000 propellers but only sold 54,000. What is the total cost that would be assigned to Payton's finished goods inventory at the end of the first year of operations under variable costing? Select one: a. $765,000 b. $684,000 c. $804,000 d. $912,000