The following data were adapted from a recent income statement of The Procter & Gamble Company (PG): Sales Operating costs: Cost of products sold (in millions) $187,780 $(90,130) Marketing, administrative, and other expenses (60,090) Total operating costs $(150,220) Operating income Assume that the variable amount of each category of operating costs is as follows: $37,560 Cost of products sold Marketing, administrative, and other expenses (in millions) $50,700 24,410 a. Based on the data given, prepare a variable costing income statement for Procter & Gamble, assuming that the company maintained constant inventory levels during the period. The Procter & Gamble Company Variable Costing Income Statement (assumed) (in millions) Line Item Description Amount Amount $ Fixed costs: