47 A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials Direct labor $140,000 40,000 Variable factory overhead 20,000 Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses 4,000 $204,000 $ 34,000 2,000 36,000 If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, the amount of operating income reported on the variable costing income statement would be $140,000 $100,000 $114,800 O$100,800 1.4 pts Question 48 A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials $140,000 Direct labor 40,000 Variable factory overhead 20,000 Fixed factory overhead 4.000 $204,000 Selling & Administrative Expenses: Variable Selling & Administrative Expenses $ 34,000 Fixed Selling & Administrative Expenses 2,000 36,000 If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, the amount of contribution margin that would be reported on the variable costing income statement is not reported $104,000 $140,000 $106,000 1.4 pts A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials $140,000 Direct labor 40,000 Variable factory 20,000 overhead Fixed factory 4,000 $204,000 overhead Selling & Administrative Expenses: Variable Selling & Administrative Expenses Fixed Selling & Administrative Expenses $ 34,000 2,000 36,000 If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, the amount of gross profit that would be reported on the absorption costing income statement is none of these answer choices $136,800 $100,000 $163,200 $106,000