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$121,800 information is Sales (5,800 units) Cost of goods sold: Cost of goods manufactured (6,800 units) Inventory, April 30 (1,000 units) Total cost of goods
$121,800 information is Sales (5,800 units) Cost of goods sold: Cost of goods manufactured (6,800 units) Inventory, April 30 (1,000 units) Total cost of goods sold $102,000 (15,000) (87,000) Gross profit $34,800 Selling and administrative expenses (20,400) Operating income $14,400 If the fixed manufacturing costs were $23,460 and the fixed selling and administrative expenses were $9,990, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 t information is Sales 121,800 Variable cost of goods sold: Variable cost of goods manufactured Inventory, April 30 Total variable cost of goods sold Manufacturing margin ODOO Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income 14,400 X E. 38 V Conquistador Hurricane Sales Variable cost of goods sold Manufacturing margin good Variable selling expenses Contribution margin $121,800 information is Sales (5,800 units) Cost of goods sold: Cost of goods manufactured (6,800 units) Inventory, April 30 (1,000 units) Total cost of goods sold $102,000 (15,000) (87,000) Gross profit $34,800 Selling and administrative expenses (20,400) Operating income $14,400 If the fixed manufacturing costs were $23,460 and the fixed selling and administrative expenses were $9,990, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 t information is Sales 121,800 Variable cost of goods sold: Variable cost of goods manufactured Inventory, April 30 Total variable cost of goods sold Manufacturing margin ODOO Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income 14,400 X E. 38 V Conquistador Hurricane Sales Variable cost of goods sold Manufacturing margin good Variable selling expenses Contribution margin
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