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A business operated at 100% of capacityr during its first month and incurred the following costs: Production costs [12,000 units]: Direct materials $123,100 Direct labor
A business operated at 100% of capacityr during its first month and incurred the following costs: Production costs [12,000 units]: Direct materials $123,100 Direct labor 225,600 'v'ariable factorv overhead 252,200 Fixed factoryr overhead 102,900 $254,300 Operating expenses: variable operating expenses $122,000 Fixed operating expenses 40,200 163,000 If 1,500 units remain unsold at the end of the month, what is the amount of inventoryr that would be reported on the variable costing balance sheet
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