On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (275.000 units) $4,950,000 Cost of goods sold Cost of goods manufactured (100,000 units) $4,050,000 Inventory, April 30 (25,000 units) (337.500) Total cost of goods sold (3,712,500) Gross profit $1.237.500 Seling and admirative expenses (275,000) Operating income If the fed manufacturing costs were $450,000 and the fedeling and administrative expenses were 5165.000, prepare an income statement according to the variable Concept Joplin Company Variable Costing Income Statement For the Month Ended April 30 Variable cost of goods Previous Next > So 888 $ 1 0 9 7 8 3 5 de 6 w 0 E R Y . S D F. G . K J C V B N. . command option mand