A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials $140,000 Direct labor 40,000 Variable factory overhead 20,000 Fixed factory overhead 4,000 $204,000 Operating expenses: Variable operating expenses $ 34,000 Fixed operating expenses 2,000 36,000 If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, what is the amount of the manufacturing margin that would be reported on the variable costing income statement? Answer $104,000 $106,000 $140,000 $114,800 1 points Question 15 A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production costs (100 units): Direct materials $40,000 Direct labor 20,000 Variable factory overhead 2,000 Fixed factory overhead 5,000 67,000 Operating expenses: Variable operating expenses $ 8,000 Fixed operating expenses 1,000 9,000 What is the amount of the income from operations that would be reported on the variable costing income statement? Answer $20,700 $20,200 $22,000 $26,200