A business operated at 100% of capacity during its first month, with the following results: Sales (119 units) $678,300 Production costs (149 units): Direct materials $91,809 Direct labor 23,441 Variable factory overhead 41,021 Fixed factory overhead 39,068 195,339 Operating expenses: Variable operating expenses $5,911 Fixed operating expenses 3,259 9,170 The amount of gross profit that would be reported on the absorption costing income statement is a. $522,291 b. $513,121 c. $516,380 d. $678,151