Roller Paint Co. reported the following data for the month of September. There were no beginning inventories and all units were completed (no work in process). Total Cost Numb er of Units Unit Cost Manufactur ing costs: Variable $465,0 30.000 $15.5 Fixed manufacturing costs Contribution $ margin Fixed costs: Fixed manufacturing $ costs Fixed selling and administrative expenses Income from operations b. Prepare an absorption costing income statement. Roller Paint Co. Absorption Costing Income Statement For the Month Ended September 30 00 7.0 Fixed 210,0 00 30,000 Total $675,0 00 $22.5 0 Cost of goods sold: $ Selling and administrative expenses: Variable $2 per unit sold Fixed $39,000 In the month of September, 28,000 of the 30,000 units manufactured were sold at a price of $80 per unit. a. Prepare a variable costing income statement. Roller Paint Co. Variable Costing Income Statement For the Month Ended September 30 Sales Variable cost of goods sold: Variable cost of goods manufactured Less ending inventory Variable cost of goods sold Manufacturing margin Cost of goods sold Gross profit from Income $ operations c. Briefly explain why there is a difference in income from operations between the two methods. The difference in the amount of income from operations is a result of the treatment of fixed manufacturing expenses