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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: If
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 $15,876 and the fixed selling and administrative expenses were $7,740, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales $ Variable cost of goods sold: Feedback
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