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Sales $(6,500$ units$)$

$$247,000$

Cost of goods sold:

Cost of goods manufactured $(7,540$ units$)$

Inventory, April $30(1,040$ units$)$

Total cost of goods sold

Gross profit

Selling and administrative expenses

Operating income

$$203,580$

$(28,080)$

If the fixed manufacturing costs were $$44,787\mathrm{.}6$ and the fixed selling and administrative expenses were $$20,080$

Joplin Company

Variable Costing Income Statement

For the Month Ended April $30$

Line Item Description Amount Amount

Variable cost of goods sold:

Fixed manufacturing costs $q,$

Fixed selling and administrative expenses $$

$$

$64,867\mathrm{.}6$

Operating income