A business operated at 100% of capacity during its first month, with the following results: Sales (90 units): $90,000 Production costs (100 units): Direct materials$40,000 Direct labor20,000 Variable factory overhead2,000 Fixed factory overhead7,00069,000 Operating expenses: Variable operating expenses$8,000 Fixed operating expenses1,0009,000 The amount of contribution margin that would be reported on the variable costing income statement is a.$26,200 b.$29,700 c.$34,200 d.$20,200

Yolo windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): information on january 1 (beginning): direct materials inventory $ 89 work-in-process inventory 111 finished goods inventory 1,620 information for the year: administrative costs $ 3,610 direct labor 12,900 direct materials purchases 8,210 factory and machine depreciation 11,720 factory supervision 774 factory utilities 940 indirect factory labor 2,880 indirect materials and supplies 688 marketing costs 1,480 property taxes on factory 282 sales revenue 45,800 information on december 31 (ending): direct materials inventory $ 94 work-in-process inventory 138 finished goods inventory 1,430 required: prepare an income statement with a supporting cost of goods sold statement. (enter your answers in thousands of dollars (i.e., 234,000 should be entered as