A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (18,200 units): Direct materials $180,100 Direct labor 238,100 Variable factory overhead 261,800 Fixed factory overhead 97,900 $777,900 Operating expenses: Variable operating expenses $126,500 Fixed operating expenses 49,900 176,400 If 1,900 units remain unsold at the end of the month and sales total $1,141,000 for the month, what would be the amount of income from operations reported on the variable costing income statement? a.$257,732 b.$99,625 c.$70,989 d.$81,209
Answers: 2
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A business operated at 100% of capacity during its first month and incurred the following costs: Pro...
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