A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,900 units): Direct materials $173,600 Direct labor 232,500 264,700 Variable factory overhead Fixed factory overhead 93,300 $764,100 Operating expenses: Variable operating expenses $126,600 Fixed operating expenses 47,800 174,400 If 1,800 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the variable costing balance sheet? On $63,900 Ob. $72,773 Oc. $89,381 Od. $75,943 A business operated at 100% of capacity during its first month, with the following results: Sales (104 units) Production costs (130 units): $520,000 Direct materials $65,000 Direct labor 16,250 Variable factory overhead 29,250 Fixed factory overhead 26,000 136,500 Operating expenses: Variable operating expenses $5,160 Fixed operating expenses 3,400 8,560 What is the amount of the income from operations that would be reported on the variable costing income statement? Oa. $397,040 Ob. $519,870 Oc. $426,440 Od: $511,440 ^ 0 ENG 11:38 7/9/20 A business operated at 100% of capacity during its first month, with the following results: Sales (118 units) Production costs (147 units): $531,000 Direct materials $71,508 Direct labor 18,257 Variable factory overhead Fixed factory overhead 31,950 30,430 152,145 9,470 Operating expenses: Variable operating expenses $5,039 Fixed operating expenses 4,431 What is the amount of the income from operations that would be reported on the absorption costing income statement? Oa. $423,827 Ob. $530,853 Oc. $428,258 Od $399,399 A 40 ENG 11 7/9