A business operated at 100% capacity during its first month and incurred the f

A business operated at 100% capacity during its first month and incurred the following costs:

production costs (10000 units)

direct materials 80000

direct labor 120000

variable facctory overhead 140000

fixed operating epxneses 40000

380000

operating expenses:

variable operating expenses 65000

fixed operating expenses 25000

90000

If 1000 units remain unsold at the end of the month what is the amount of inventory that would be reported on the absorption costing balance sheet?

a) $38000

b $40500

c) $34000

d) $47000

please show calculations