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 (4,400 units) $154,000 Cost of goods sold: Cost of goods manufactured (5,100 units) $127,500 Inventory, April 30 (700 units) (17,500) Total cost of goods sold (110,000) Gross profit $44,000 Selling and administrative expenses (26,640) Operating income $17,360 If the fixed manufacturing costs were $31,875 and the fixed selling and administrative expenses were $13,050, 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: $ $