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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