sains (23,000 unts) $1,104,000 Cont of goods sola Cout at goase manutbctured Lews ending inventory (5,000 unes ) Cost of goods soid crost proft Sellng avd adminutrative expentes. incume frem eperationit 9,000 158,750 730,2501373,790131,060$242,750 secimal viaces and round final afseers to the nearest dolar. Phys Company Inceme statement-Variable Costing Fer the Manth Ended July 31 b. Reconcile the absorption costing income from operations of $242,750 with the variable costing income from operations determined in (a). Reconciliation of Absorption and Variable Costing Income