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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