The Accounting Records for Moss Manufacturing Company Included the Following

The accounting records for Moss Manufacturing Company included the following cost information relating to its first year of operations: $\begin{array}{|l|lr|}\hline \text {Direct materials} &\$ & 60,000 \\\hline \text {Direct labor} &\$ & 80,000 \\\hline \text {Fixed manufacturing overhead } &\$ & 100,000 \\\hline \text {Variable manufacturing overhead} &\$ & 20,000 \\\hline\end{array}$ Assume the company produced 10,000 units of inventory and sold 6,000 of these units for $196,000.What amount of finished goods will be reported on the balance sheet at the end of the year under variable costing?

A) $100,000
B) $96,000
C) $64,000
D) None of these.