Income statements under Absorption Costing and Variable Costing Joplin Industries inc. manufactures and sells high-quality sporting poods equipment under its highly recounizable 3-5ports logo. The company began operations on May 1 and operated at 100% of capacity (57,200 units) during the first month, creating an ending inventory of 5,200 units. During June, the company producod $2,000 garments during the mionth but sold 57,200 units at $115 per unit. The June manufacturing costs and selling and administrative expenses were as follows