Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31
Sales (9,200 units)			$570,400
Variable cost of goods sold:
Variable cost of goods manufactured	$292,500
Inventory, October 31 (2,500 units)	(62,500)
Total variable cost of goods sold			(230,000)
Manufacturing margin			$340,400
Variable selling and administrative expenses			(147,200)
Contribution margin			$193,200
Fixed costs:
Fixed manufacturing costs	$58,500
Fixed selling and administrative expenses	36,800
Total fixed costs			(95,300)
Operating income			$97,900

Prepare an income statement under absorption costing. Round all final answers to whole dollars.

Maryville Equipment Company Absorption Costing Income Statement For the Month Ended October 31

Contribution marginInventory, October 31Fixed manufacturing costsSalesSelling and administrative expenses		$- Select -
Cost of goods sold:
Contribution marginCost of goods manufacturedCost of goods soldSalesSelling and administrative expenses	$- Select -
Contribution marginCost of goods manufacturedCost of goods soldInventory, October 31Selling and administrative expenses	- Select -
Inventory, October 31SalesTotal cost of goods manufacturedTotal cost of goods soldTotal fixed manufacturing costs		- Select -
Cost of goods manufacturedInventory, October 31Gross profitSalesSelling and administrative expenses		$- Select -
Cost of goods manufacturedCost of goods soldInventory, October 31Fixed manufacturing costsSelling and administrative expenses		- Select -
Operating incomeLoss from operations		$- Select -