A business operated at 100% of capacity during its first month, with the following results: Sales (112 units)   $560,000 Production costs (140 units):       Direct materials $70,000       Direct labor 17,500       Variable factory overhead 31,500       Fixed factory overhead 28,000 147,000   Operating expenses:       Variable operating expenses $6,170       Fixed operating expenses 3,770 9,940 What is the amount of the income from operations that would be reported on the variable costing income statement?

A business operated at 100% of capacity during its first month, with the following results: Sales (104 units)   $520,000 Production costs (130 units):        Direct materials $65,000        Direct labor 16,250        Variable factory overhead 29,250    Fixed factory overhead 26,000 136,500 Operating expenses:        Variable operating expenses $5,970        Fixed operating expenses 4,000 9,970 The amount of contribution margin that would be reported on the variable costing income statement is a. $519,870 b. $510,030 c. $421,630 d. $425,630

Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:   1 Sales (28,800 × $75) $2,160,000.00 2 Manufacturing costs (28,800 units):   3 Direct materials 1,209,600.00 4 Direct labor 316,800.00 5 Variable factory overhead 115,200.00 6 Fixed factory overhead 221,760.00 7 Fixed selling and administrative expenses 28,400.00 8 Variable selling and administrative expenses 34,900.00       The company is evaluating a proposal to manufacture 36,000 units instead of 28,800 units, thus creating an ending inventory of 7,200 units. Manufacturing the additional units will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses. Required: a. Prepare an estimated income statement, comparing operating results if 28,800 and 36,000 units are manufactured in (1) the absorption costing…

A business operated at 100% capacity during its first month of operations, with the following results:   Sales (90 units)   $90,000 Production costs (100 units)         Direct materials $40,000       Direct labor   20,000       Variable factory overhead     2,000       Fixed factory overhead     7,000             Total manufacturing costs     69,000 Operating expenses:         Variable          Variable operating expenses $ 8,000        Fixed operating expenses    1,000              Total operating expenses      9,000 Use this information to complete a variable costing income statement.   Please when completing the  variable costing income statement , offer details where the numbers are coming from.