Business
Business, 18.03.2021 01:40, aeverettpdzrvo

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (5,000 units): Direct materials$70,000 Direct labor20,000 Variable factory overhead10,000 Fixed factory overhead2,000$102,000 Operating expenses: Variable operating expenses$17,000 Fixed operating expenses1,00018,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of operating income reported on the absorption costing income statement would be a.$68,400 b.$50,400 c.$70,000 d.$52,000

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