Variable Costing Income Statement On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absorption costing concept: Weatherford Company Absorption Costing Income Statement For the Month Ended November 30 Sales (2,700 units) $54,000 Cost of goods sold: Cost of goods manufactured (3,100 units) $43,400 Inventory, November 30 (400 units) (5,600) Total cost of goods sold 37,800 Gross profit $16,200 Selling and administrative expenses 9,410 Income from operations $6,790 Assume the fixed manufacturing costs were $10,416 and the fixed selling and administrative expenses were $4,610. Prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Weatherford Company Variable Costing Income Statement For the Month Ended November 30 $ Variable cost of goods sold: $ $ $ Fixed costs: $ $