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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

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 (3,400 units) Cost of goods sold: Cost of goods manufactured (3,900 units) Inventory, April 30 (500 units) Total cost of goods sold Gross profit Selling and administrative expenses Operating income Show Me How Joplin Company Variable Costing Income Statement For the Month Ended April 30 Line Item Description Variable cost of goods sold: $42,900 (5,500) If the fixed manufacturing costs were $9,867 and the fixed selling and administrative expenses were $4,050, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Amount Amount $51,000 (37,400) $13,600 (8,270) $5,330
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Variable Costing Income Statement On Aoril 30, the end of the first month of operations, Joplin Company prepared the following income stotement, based on the abvorption cotting concept- If the fixed manufacturing costs were 59,867 and the fixed seling and administrative expenses were 54,050 , prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. If the fixed manufacturing costs were $9,867 and the fixed selling and administrative expenses were $4,050, prepare an income statement ac costing concept: Round all final answers to whole dollars. Variable Costing Income Statement On Aoril 30, the end of the first month of operations, Joplin Company prepared the following income stotement, based on the abvorption cotting concept- If the fixed manufacturing costs were 59,867 and the fixed seling and administrative expenses were 54,050 , prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. If the fixed manufacturing costs were $9,867 and the fixed selling and administrative expenses were $4,050, prepare an income statement ac costing concept: Round all final answers to whole dollars

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