A business operated at 100% of capacity during its first month and incurred the following costs: 
If 75 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?
Definitions:
Controllable Margin
The portion of profit or contribution margin that a manager has direct control over, before fixed costs and overhead are deducted.
Responsibility Report
A management tool that collects and reports planned and actual financial information by responsibility centers.
Direct Labor
Workers or employees who are directly involved in the manufacturing of products or delivery of services.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.
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