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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,700 units): Direct materials $180,100 Direct labor
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,700 units): Direct materials $180,100 Direct labor 232,400 Variable factory overhead 254,900 Fixed factory overhead 91,100 5758,500 Operating expenses: Variable operating expenses 5124,900 Fixed operating expenses 44,800 169,700 If 1,900 units remain unsold at the end of the month and sales total $1,139,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement
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