Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales 156,000 Variable cost of goods sold: Variable cost of goods manufactured LA 104,720 Inventory, April 30 14,960 Total variable cost of goods sold 89,760 Manufacturing margin 66,240 Variable selling and administrative expenses V 24,680 X Contribution margin Fixed costs:On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorpt'c costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (6,500 units) $156,000 Cost of goods sold: Cost of goods manufactured (7,700 units) $130,900 Inventory, April 30 (1,100 units) (18,700) Total cost of goods sold (112,200) Gross prot $43,800 Selling and administrative expenses (24,680) Operating income $19,120 If the fixed manufacturing costs were $25,180 and the xed selling and administrative expenses were $12,090, prepare an income statement according to the variable costing concept. Round all nal answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales v J $| '155,000| J