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 (5,700 units) $171,000 Cost of goods sold: Cost of goods manufactured (6,600 units) $138,600 Inventory, April 30 (900 units) (18,900) Total cost of goods sold (119,700) Gross profit Selling and administrative expenses Operating income If the fixed manufacturing costs were $27,720 and the fixed selling and administrative expenses were $13,730, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. $51,300 (28,030) $23,270