A business operated at 100% of capacity during its first month, with the following results: $601,800 Sales (102 units) Production costs (127 units): Direct materials $80,999 Direct labor 20,681 36,191 Variable factory overhead Fixed factory overhead 34,468 172,339 Operating expenses: Variable operating expenses $5,276 Fixed operating expenses 4,935 10,211 The amount of gross profit that would be reported on the absorption costing income statement is O a. $601,673 Ob. $463,386 Oc. $453,175 Od. $458,110