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On June 30, the end of the first month of operations, Bastile Company prepared the following income statement, based on the absorption costing concept: Bastile

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On June 30, the end of the first month of operations, Bastile Company prepared the following income statement, based on the absorption costing concept: Bastile Company Absorption Costing Income Statement For the Month Ended June 30, 2016 1 Sales (21,000 units) 2 Cost of goods sold: 3 Cost of goods manufactured (24,400 units) 4 Less ending inventory (3,400 units) 5 Cost of goods sold $2,940,00000 $1,952,000.00 nooooo 1680,000.00 6 Gross Profit 7 & seling and administrative expenses Income from operations $1,260,00000 150,000.00 $1110,000.00 If the fixed manufacturing costs were $195,200 and the variable selling and administrative expenses were $105,000 prepare an income statement according to the variable costing conceptRefer to the lists of labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. "Less", "Plus

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