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On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,600 units) $133,400 Cost of goods sold: $111,300 Cost of goods manufactured (5,300 units) Inventory, April 30 (700 units) (14,700) Total cost of goods sold (96,600) $36,800 Gross profit Selling and administrative expenses (23,050) Operating income $13,750 If the fixed manufacturing costs were $28,938 and the fixed selling and administrative expenses were $11,290, 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 Sales 133,400 Variable cost of goods sold: Variable cost of goods manufactured 82,362 Inventory, April 30 10,878 71,484 Total variable cost of goods sold Manufacturing margin 61,916 Variable selling and administrative expenses Contribution marain Inventory, April 30 (700 units) Total cost of goods sold (14,700) (14,700) (96,600) Gross profit $36,800 Selling and administrative expenses (23,050) Operating income $13,750 If the fixed manufacturing costs were $28,938 and the fixed selling and administrative expenses were $11,290, prepare an income statement according to the variable costing concept. Round all final answers t whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales 133.400 Variable cost of goods sold: Variable cost of goods manufactured $ 82,362 Inventory, April 30 10,878 Total variable cost of goods sold 71,484 Manufacturing margin 61,916 Variable selling and administrative expenses $ Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating Income