Variable Costing Income Statement On Apnl 30, the end of the first month of operations, loplin Company prepared the following income statement, based on the absorption costing concept: If the foxed manufacturing costs were 512,220 and the fixed selling and administrative expenses were 55,880, prepare an income staterneit acconting to the variable cooting concept, Ptound all final answers to whole dollars. concept: Roarul all final anwwers fo whole dallars