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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units): Direct materials $183,400 Direct labor

A business operated at 100% of capacity during its first month and incurred the following costs:

Production costs (17,700 units):
Direct materials $183,400
Direct labor 230,600
Variable factory overhead 246,200
Fixed factory overhead 91,400 $751,600
Operating expenses:
Variable operating expenses $132,000
Fixed operating expenses 45,800 177,800

If 1,700 units remain unsold at the end of the month and sales total $1,000,000 for the month, what would be the amount of income from operations reported on the variable costing income statement?

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