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
Sales (6,400 units)			$217,600
Cost of goods sold:
Cost of goods manufactured (7,400 units)	$177,600
Inventory, November 30 (1,000 units)	(24,000)
Total cost of goods sold			153,600
Gross profit			$64,000
Selling and administrative expenses			36,420
Income from operations			$27,580

Assume the fixed manufacturing costs were $39,072 and the fixed selling and administrative expenses were $17,840.

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
		$
Variable cost of goods sold:
	$
		$
		$
Fixed costs:
	$
		$