VA. Contribution margin, $6,263 EX 6-9 Variable and absorption costing Obj. 1 Ansara Company had the following abbreviated income statement for the year ended December 31, 2012 Sales Cost of goods sold. Selling, administrative, and other expenses. Total expenses i Income from operations a I (in millions) $18,769 $15.471 2.049 $17,520 51249 Assume that there were $3,860 million fixed manufacturing costs and $1,170 million fixed sell- ing, administrative, and other costs for the year. The finished goods inventories at the beginning and end of the year from the balance sheet were as follows: January 1 December 31 $2,354 million $2,408 million Assume that 30% of the beginning and ending inventory consists of fixed costs. Assume work in process and materials inventory were unchanged during the period. A. Prepare an income statement according to the variable costing concept for Ansara Company for 20Y2. (Round numbers to nearest million.) B. Explain the difference between the amount of income from operations reported under the absorption costing and variable costing concepts. (Round numbers to nearest million.)