A business operated at 100% of capacity during its first month, with the following results: $626,400 Sales (108 units) Production costs (135 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead $84,642 21,611 37,819 36,018 180,090 Operating expenses: Variable operating expenses Fixed operating expenses $5,253 4,584 9,837 The amount of gross profit that would be reported on the absorption costing income statement is a. $472,491 b. $482,328 C. $477,075 d. $626,265