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Acc 6:1 For the Month Ended April 30 Sales (3,800 units) $121,600 Cost of goods sold: Cost of goods manufactured (4,400 units) $101,200 Inventory, April

Acc 6:1

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For the Month Ended April 30 Sales (3,800 units) $121,600 Cost of goods sold: Cost of goods manufactured (4,400 units) $101,200 Inventory, April 30 (600 units) (13,800) Total cost of goods sold (87,400) Gross profit $34,200 Selling and administrative expenses (19,250) Operating income $14,950 If the fixed manufacturing costs were $20,240 and the fixed selling and administrative expenses were $9,430, prepare an income statement according to the va Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales 121,600 Variable cost of goods sold: Variable cost of goods manufactured X Inventory, April 30 Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income Check My Work

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