A business operated at 100% of capacity during its first month, with the following results: Sales (104 units)   $520,000 Production costs (130 units):        Direct materials $65,000        Direct labor 16,250        Variable factory overhead 29,250    Fixed factory overhead 26,000 136,500 Operating expenses:        Variable operating expenses $6,140        Fixed operating expenses 3,900 10,040 The amount of contribution margin that would be reported on the variable costing income statement is a.$421,560 b.$519,870 c.$425,460 d.$509,960

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