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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,000 units): $182,500 Direct materials Direct labor
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,000 units): $182,500 Direct materials Direct labor Variable factory overhead Fixed factory overhead 220,500 252,100 102,900 $758,000 Operating expenses: Variable operating expenses $126,600 43,400 Fixed operating expenses 170,000 If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is O a. $63,856 Ob. $65,827 c. $78,147 Od. $55,166
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