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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,400 units): Direct materials Direct labor Variable

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,400 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead i $172.900 226,700 269,900 104,400 $773,900 Operating expenses: Variable operating expenses Fixed operating expenses $120,700 45,400 166,100 If 1,800 units remain unsold at the end of the month and sales total $1,134.000 for the month, what would be the amount of income from operations reported on the absorption costing income statement? Oa. $75,708 Ob. $65,495 Oc. $269,70 Od. $259,495 A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,400 units): Direct materials Direct labor $172,900 226,700 Variable factory overhead 269,900 Fixed factory overhead 104,400 $773,900 Operating expenses: Variable operating expenses Fixed operating expenses $120,700 45,400 166,100 If 1,800 units remain unsold at the end of the month and sales total $1,134,000 for the month, what would be the ar income statement? Oa. $75,708 Ob. $65,495 Oc. $269,708 Od. $259,495

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