3. A business 4 Sales (110 units) S. Direct materials at 100% of capacity during its first month, with the following results: $4,730 Production costs (138 units) $649 166 290 275 1,380 01 Direct labor Variable factory overhead Fixed factory overhead 9. 0 . Operating expenses: 11. Variable operating expenses $543 12. Fixed operating expenses 393 936 13. O What is the amount of the income from operations that would be reported on the absorption costing income statement? 14. O Select the correct answer. 15. O S2,913 16. O O $3,306 O $2,694 O $4,592