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 (19,000 units):
Direct materials
$172,600
Direct labor
227,800
Variable factory overhead
258,500
Fixed factory overhead
100,600
$759,500
Operating expenses:
Variable operating expenses
$129,500
Fixed operating expenses
46,600
176,100
If 1,900 units remain unsold at the end of the month and sales total $1,070,000 for the month, what would be the amount of income from operations reported on the absorption costing income statement?
a.$65,890
b.$200,290
c.$210,350
d.$75,950
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