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 $30$

Joplin Company

Variable Costing Income Statement

For the Month Ended April $30$

Fixed costs:

Fixed manufacturing costs $$

Fixed selling and administrative expenses $$

Total fixed costs