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A business operated at 100% of capacity during its first month, with the following results: Sales (98 units) $4,214 Production costs (123 units): Direct materials

A business operated at 100% of capacity during its first month, with the following results:

Sales (98 units) $4,214
Production costs (123 units):
Direct materials $578
Direct labor 148
Variable factory overhead 258
Fixed factory overhead 246 1,230
Operating expenses:
Variable operating expenses $614
Fixed operating expenses 344 958

What is the amount of the income from operations that would be reported on the absorption costing income statement?

Select the correct answer.

$2,472
$2,276
$4,091
$2,816

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