blank options contribution margin, manufacturing margin, sales, variable cost of product sold, variable marketing administrative and other expenses, fixed manufacturing cost, fix marketing administration and other expenses, variable cost of product sales, variable marketing administration and other expenses, fixed next sales, fix manufacturing cost, fix manufacturing margin, operating income, long-term operations

blank option (B) 1 include, exclude

2 higher, lower

3 higher, lower

Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: (In millions) Sales $309,970 Operating costs: Cost of products sold $(148,790) (99,190) Marketing, administrative, and other expenses Total operating costs $(247,980) Operating income $61,990 Assume that the variable amount of each category of operating costs is as follows: