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A business operated at 100% of capacity during its first month and incurred the following...

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Accounting

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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,700 units): Direct materials $174,300 Direct labor 236,100 Variable factory overhead 269,300 Fixed factory overhead 90,400 $770,100 Operating expenses: Variable operating expenses $134,000 Fixed operating expenses 40,300 174,300 If 1,700 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the variable costing balance sheet Da $63,245 Ob. $66,826 Oc. $55,828 Od $77.559

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