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The following data were adapted from a recent income statement of The Bluth Company (in millions) Sales $215,010 Operating costs: Cast of products sold $(103,200)

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The following data were adapted from a recent income statement of The Bluth Company (in millions) Sales $215,010 Operating costs: Cast of products sold $(103,200) Marketing, administrative, and other expenses (68,800) Total operating costs $(172,000) Operating income $43,010 Assume that the variable amount of each category of operating costs is as follows: (in millions) Cost of products sold $58,050 Marketing, administrative, and other expenses 27,950 a. Based on the data given, prepare a variable costing income statement for Bluth, assuming that the company maintained constant inventory levels during the period. The Bluth Company Variable Costing Income Statement (assumed) (in millions) Sales 215,010 Variable cost of products sold Manufacturing margin Variable marketing, administrative, and other expenses Contribution margin Fixed costs: Assume that we Variable amount of each category of operating costs is as follows: (in millions) $58,050 Cost of products sold Marketing, administrative, and other expenses 27,950 a. Based on the data given, prepare a variable costing income statement for Bluth, assuming that the company maintained consta The Bluth Company Variable Costing Income Statement (assumed) (in millions) Sales 215,010 Variable cost of products sold Manufacturing margin Variable marketing, administrative, and other expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed marketing, administrative, and other expenses Total fixed costs Operating income Ach

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