A business operated at $100\%$ of capacity during its first month, with the following results:

Sales $(160$ units$)$:

$$160,000$

Production costs $(200$ units$)$:

Direct materials

$$100,000$

Direct labor

$20,000$

Variable factory overhead

$10,000$

Fixed factory overhead

$4,000$$$134,000$

Operating expenses:

$\backslash$table$[[$Variable operating expenses,$$12,000$