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 (5,500 units)			$99,000
Cost of goods sold:
Cost of goods manufactured (6,400 units)	$83,200
Inventory, April 30 (900 units)	(11,700)
Total cost of goods sold			(71,500)
Gross profit			$27,500
Selling and administrative expenses			(16,090)
Operating income			$11,410

If the fixed manufacturing costs were $18,304 and the fixed selling and administrative expenses were $7,880, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Sales		$
Variable cost of goods sold:
Variable cost of goods manufactured	$
Inventory, April 30
Total variable cost of goods sold
Manufacturing margin		$
Variable selling and administrative expenses
Contribution margin		$
Fixed costs:
Fixed manufacturing costs	$
Fixed selling and administrative expenses
Total fixed costs
Operating income		$