Sales (6,600 units)			$250,800
Cost of goods sold:
Cost of goods manufactured (7,700 units)	$207,900
Inventory, April 30 (1,100 units)	(29,700)
Total cost of goods sold			(178,200)
Gross profit			$72,600
Selling and administrative expenses			(42,960)
Operating income			$29,640

If the fixed manufacturing costs were $49,896 and the fixed selling and administrative expenses were $21,040, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Joplin Company Variable Costing Income Statement For the Month Ended April 30

Contribution marginInventoryManufacturing marginSalesVariable cost of goods manufacturedVariable selling and administrative expensesSales		$Sales
Variable cost of goods sold:
Contribution marginFixed manufacturing costsVariable cost of goods manufacturedVariable cost of goods soldVariable selling and administrative expensesVariable cost of goods manufactured	$Variable cost of goods manufactured
Fixed manufacturing costsInventory, April 30Fixed selling and administrative expensesManufacturing marginSalesInventory, April 30	Inventory, April 30
InventorySalesTotal variable cost of goods manufacturedTotal variable cost of goods soldTotal variable selling and administrative expensesTotal variable cost of goods sold		Total variable cost of goods sold
Contribution marginFixed manufacturing costsInventoryManufacturing marginSalesManufacturing margin		$Manufacturing margin
Manufacturing marginSalesVariable cost of goods manufacturedVariable cost of goods soldVariable selling and administrative expensesVariable selling and administrative expenses		Variable selling and administrative expenses
Contribution marginFixed selling and administrative expensesInventoryManufacturing marginSalesContribution margin		$Contribution margin
Fixed costs:
Fixed manufacturing costsFixed inventoryVariable cost of goods manufacturedVariable cost of goods soldVariable selling and administrative expensesFixed manufacturing costs	$Fixed manufacturing costs
Fixed selling and administrative expensesFixed inventoryFixed salesVariable cost of goods soldVariable selling and administrative expensesFixed selling and administrative expenses	Fixed selling and administrative expenses
Contribution marginOperating incomeManufacturing marginSalesTotal fixed costsTotal fixed costs		Total fixed costs
Operating incomeLoss from operationsOperating income		$Operating income

( .:)) Variable Costing Income Statement On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (6,600 units) $250.800 Cost of goods sold: Cost of goods manufactured (7,700 units) $207,900 Inventory, April 30 (1,100 s) (29,700) Total cost of goods sold (178.2003 Gross profit $72.600 Seling and administrative expenses (42.960) Operating income 529,640 If the fixed manufacturing costs were $49,896 and the fixed selling and administrative expenses were $21,040, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales Variable cost of goods sold: Variable cost of soods manufactured Inventory. April 10 Total variable cost of goods sold: TAD X Manufacturing marin Variable selling and administrative expenses Contribution marin Fixed costs Fixed manufacturing costs Fixed selling and administrative expenses Total fixed.costa Operating income 499 21