A business operated at 100% of capacity during its first month, with the following results: Sales (112 units) $560,000 Production costs (140 units): Direct materials $70,000 Direct labor 17,500 Variable factory overhead 31,500 Fixed factory overhead 28,000 147,000 Operating expenses: Variable operating expenses Fixed operating expenses 4,300 9,970 The amount of contribution margin that would be reported on the variable costing income statement is Oa. $459.130 Ob. $559,860 Oc. 5454830 Od. 5550,030 $5,670 Previous N doof ENG RA a O ** cators&inprogress=false A business operated at 100% of capacity during its first month, with the following results: Sales (112 units) $560,000 Production costs (140 units): Direct materials $70,000 Direct labor 17.500 Variable factory overfiead 31,500 Fixed factory overhead 28,000 147,000 Operating expenses: Variable operating expenses Fixed operating expenses 4,030 9,210 The amount of operating income that would be reported on the variable costing income statement is Oa. $559,860 O, 5459,620 Oc. $427.590 Od. $550.790 Previous de