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 (4,000 units)			$108,000
Cost of goods sold:
Cost of goods manufactured (4,600 units)	$87,400
Inventory, April 30 (600 units)	(11,400)
Total cost of goods sold			(76,000)
Gross profit			$32,000
Selling and administrative expenses			(17,860)
Operating income			$14,140

If the fixed manufacturing costs were $18,354 and the fixed selling and administrative expenses were $8,750, 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

_____?______		$___
Variable cost of goods sold:
_____?____________	$___
____?_________	____
______?_________		____
____?__________		$____
_____?_______		____
______?___________		$____
Fixed costs:
_____?____________	$____
_____?___________	____
____?________		_____
_____?________		$____