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 (6,300 units) $182,700 Cost of goods sold: Cost of goods manufactured (7,200 units) $151,200 Inventory, April 30 (1,000 units) (21,000) Total cost of goods sold (130,200) Gross profit $52,500 Selling and administrative expenses (29,240) Operating income $23,260 If the fixed manufacturing costs were $30,240 and the fixed selling and administrative expenses were $14,320, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Contribution margin X Variable cost of goods sold: Contribution margin X Fixed costs