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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,300 units): Direct materials Direct labor

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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,300 units): Direct materials Direct labor $181,600 237,900 Variable factory overhead 250,100 Fixed factory overhead 104,300 $773,900 Operating expenses: Variable operating expenses Fixed operating expenses $121,000 40,500 161,500 If 1,800 units remain unsold at the end of the month and sales total $1,131,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement? Oa. 562,450 Ob. $258,050 Oc. $72.177 Od. $267,777 Previous Next

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