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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:
On April 30 , the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: If the fixed manufacturing costs were $21,840 and the fixed selling and administrative expenses were $10,010, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars
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