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Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,300 units) Cost of goods scid: Cost of goods manufactured ( 4,900
Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,300 units) Cost of goods scid: Cost of goods manufactured ( 4,900 units) Inventory, April 30 (700 units) Total cost of goods sold Gross profit Selling and administrative expenses Operating income Joplin Company Variable Costing Income Statement For the Month Ended April 30 Chedk Wr Wark Income Statements under Absorption Costing and Variable Costing Sales (13,500 units) $1,485,000 If required, round interim per-unit calculations to the nearest cent. a. Prepare an income statement according to the absorption costing concept. Gallatin County Motors Inc. b. Prepare an income statement according to the variable costing concept. Check My Work b. Prepare an income statement according to the variable costing conceot. Theck Sy Work b. Under variable costing, the cost of goods manufactured includes only variable manufacturing costs
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