The following data were adapted from a recent income statement of The Procter & Gamble Company (PG): Sales Operating costs: (in millions) $248,260 Cost of products sold $(119,160) Marketing, administrative, and other expenses (79,440) Total operating costs $(198,600) Operating income $49,660 Assume that the variable amount of each category of operating costs is as follows: Cost of products sold Marketing, administrative, and other expenses (in millions) $67,030 32,270 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: