A business operated at 100% of capacity during its rst month and Incurred the following costs: Production costs (20,600 units): Direct materials $180,200 Direct labor 231,400 Variable factory overhead 246,800 Fixed factory overhead 92,500 $750,900 Operating expenses: Variable operating expenses $130,600 Fixed operating expenses 41,800 172,400 absorption costing balance sheet is Ob. $57,451 Oc. $47,942 On. $54,675