A business operated at 100% of capacity during its first month and incurred the following...
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Accounting
A business operated at 100% of capacity during its first month and incurred the following costs:
Production costs (18,700 units):
Direct materials
$178,000
Direct labor
228,300
Variable factory overhead
246,600
Fixed factory overhead
100,000
$752,900
Operating expenses:
Variable operating expenses
$133,700
Fixed operating expenses
47,100
180,800
If 1,900 units remain unsold at the end of the month and sales total $1,104,000 for the month, what would be the amount of income from operations reported on the variable costing income statement?
a. $76,498
b. $94,868
c. $66,337
d. $236,544
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