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 (5,100 units) $158,100 Cost of goods sold: Cost of goods manufactured (5,800 units) $127,600 Inventory, November 30 (800 units) (17,600) Total cost of goods sold 110,000 Gross profit $48,100 Selling and adminisative expenses 29,150 Income from operations $19,950 Assume the fixed manufacturing costs were $31.900 and the faced selling and administrative expenses were $13.790, Prepare an income statement according to the variable costing concept. Round all final ansiers to whole dollars. Weatherford Company Variable Costing Income Statement For the Month Ended November 30 Previous Next Assume the fixed manufacturing costs were $31,900 and the fixed selling and administrative expenses were $13,790. 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: a Fixed costs: Check My Work Prov