Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses: 48 $ 11 $ 5 $ 5 $110,000 Variable selling and administrative expense per unit sold $ 4 Fixed selling and administrative expense per year $ 71,000 Units in beginning inventory Units produced during the year 11,000 Units sold during the year Units in ending inventory 8,000 3,000 Which of the following statements is true? Select one: O a. The amount of fixed manufacturing overhead released from inventories is $30,000 O b. The amount of fixed manufacturing overhead deferred in inventories is $30,000 O c. The amount of fixed manufacturing overhead deferred in inventories is $248,000 O d. The amount of fixed manufacturing overhead released from inventories is $248,000