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D Question 50 1 pts A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units):

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D Question 50 1 pts A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials $140,000 Direct labor 40,000 Variable factory overhead 20,000 Fixed factory overhead 4,000 $204,000 Selling & Administrative Expenses: Variable Selling & Administrative Expenses $ 34,000 Fixed Selling & Administrative Expenses 2.000 36,000 If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, the amount of gross profit that would be reported on the absorption costing income statement is $106,000 none of these answer choices 0 $100,000 $163,200 O $136,800

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