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Sales (6,300 units) $ 214,200 Cost of goods sold: Cost of goods manufactured (7,200 units) $172,800 Inventory, November 30 (1,000 units) (24,000) Total cost of
Sales (6,300 units) $ 214,200 Cost of goods sold: Cost of goods manufactured (7,200 units) $172,800 Inventory, November 30 (1,000 units) (24,000) Total cost of goods sold 148,800 Gross profit $65,400 Selling and administrative expenses 37,650 Income from operations $27,750 Assume the fixed manufacturing costs were $41,472 and the fixed selling and administrative expenses were $18,440. > 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 Inventory x Variable cost of goods sold: Variable cost of goods manufactured Manufacturing margin x Total variable cost of goods sold Fixed manufacturing costs x Variable cost of goods sold x Sales x Fixed costs: Fixed manufacturing costs IDO) Il Fixed inventory X
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