Read, Inc. manufactures books. Last month they produced 12,000 books and sold 10,000 books. Operating data for the month of July is as follows. Sales $1,000,000 Variable Manufacturing Costs 840,000 Fixed Manufacturing Costs 120,000 Variable Operating Expenses 60,000 Fixed Operating Expenses 108,000 Prepare an Income Statement using Variable Costing Do not use dollar signs, commas, or negative numbers. Read, Inc. Operating Income Statement-Variable Costing July 31, 2019 Sales Variable Costs Variable Cost of Goods Sold Variable Manufacturing Costs Ending Inventory Variable Cost of Goods Sold Variable Operating Expenses Variable Costs I Contribution Margin Fixed Costs Fixed Manufacturing Fixed Operating Expenses Total Operating Expenses Operating Profit