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Sales (12,900 units) Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31 Variable cost of goods sold: Variable cost of
Sales (12,900 units) Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31 Variable cost of goods sold: Variable cost of goods manufactured Inventory, October 31 (1,800 units) Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses $593,400 $264,600 (32,400) (232,200) $361,200 (154,800) $206,400 Contribution margin Fixed costs: Fixed manufacturing costs $58,800 Fixed selling and administrative expenses 38,700 Total fixed costs (97,500) Operating income $108,900 Prepare an income statement under absorption costing. Round all final answers to whole dollars. Maryville Equipment Company Absorption Costing Income Statement For the Month Ended October 31 Line Item Description Cost of goods sold: Amount Amount
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