Trevor Company reports the variable costing income statement below for June. The company began the month with no finished goods inventory. It produced 13,600 units in June, and 3,800 units remain in ending finished goods inventory. Sales (9,800 units) $ 392,000 Variable expenses Variable cost of goods sold $ 267,000 Variable selling and administrative expenses 53,000 320,000 Contribution margin Fixed expenses Fixed overhead Fixed selling and administrative expenses Income Prepare an income statement using absorption costing. TREVOR COMPANY Income Statement (Absorption Costing) 72,000 10,880 28,200 39,080 $ 32,920