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

Weatherford Company

Absorption Costing Income Statement

For the Month Ended November $30$

Assume the fixed manufacturing costs were $$22,264$ and the fixed selling and administrative expenses were $$9,740.$

Prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Weatherford Company

Variable Costing Income Statement

For the Month Ended November $30$