A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,200 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: $179,700 234,600 256,400 97,500 $768,200 Variable operating expenses $126,000 Fixed operating expenses 47,300 173,300 If 1,500 units remain unsold at the end of the month and sales total $1,012,000 for the month, what would be the amount of income from operations reported on the variable costing income statement? Oa. $73,555 Ob. $122,939 Oc. $52,398 Od. $60,016

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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,600 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses $180,000 222,000 244,700 101,400 O a. $47,090 O b. $54,473 O c. $66,175 O d. $193,160 $120,400 40,300 $748,100 160,700 If 1,500 units remain unsold at the end of the month and sales total $1,055,000 for the month, the amount of operating income reported on the variable costing income statement would be

A business operated at 100% of capacity during its first month, with the following results: Sales (110 units)   $660,000 Production costs (138 units):      Direct materials $89,507      Direct labor 22,853      Variable factory overhead 39,992      Fixed factory overhead 38,088 190,440   Operating expenses:      Variable operating expenses $5,766      Fixed operating expenses 4,136 9,902 The amount of gross profit that would be reported on the absorption costing income statement is a.$508,200 b.$498,298 c.$502,434 d.$659,862