Piper Manufacturing Company manufactures toy bagpipes. The most popular style is made from a red scottish plaid. In the first year of operations, Piper Manufacturing reported the following: Direct materials 5 60.000 Direct labor s 80,000 Fixed manufacturing overhead $ 100,000 Variable manufacturing overhead $ 20,000 Assume Piper Manufacturing produced 10,000 units of inventory and sold 6,000 of these units for $192,000. What amount of finished goods will be reported on the balance sheet at the end of the year under absorption costing? O $260,000 O $64,000 O $104,000 O $96,000 Save Al Answ