U Variable Costing Income Statement On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,900 units) $78,400 Cost of goods sold: Cost of goods manufactured (5,600 units) $61,600 Inventory, April 30 (800 units) (8,800) Total cost of goods sold (52,800) Gross profit $25,600 Selling and administrative expenses (13,660) Operating income $11,940 [f the fixed manufacturing costs were $12,936 and the xed selling and administrative expenses were $6,690, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement