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Variable Costing Income Statement On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, besed on the

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Variable Costing Income Statement On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, besed on the absorption costing Weatherford Company Absorption Costing Income Statement For the Month Ended November 30 Sales (3,000 units) Cest of goods sold: 90,000 Cost of goods manufectured (3,500 units) Inventory, November 30 (500 unts) $73,500 (10,500) Total cost of goods sold KGress pro $27,000 15,210 $11,790 Selling and administretive expenses income from operations Assume the txed manufacturing costs were $16,170 and the txed selling and administrative expenses were $7,450 Prepare an income stobement according to the variable costing concept. Round all inal answers to whole dolars Weatherford Company Varlable Costing Income Stabement o eBook Show Me How Calculator Print item Prepare an income statement according to the variable costing concept. Round allfinel answers to whole dolliers. Weatherford Company Varlable Costing Income Statement For the Month Ended November 30 90,000 Varlable cost of goods sold Varlable cost of goods manufactured 57.330 Inventory, November 30 73.5001 x Fixed costs: Sales-(Variable Cost of Goods Manufactured" Vanable Costng Endina iventonMantacturina Marain Manutacturing Marn-Variable Seta 5 6 7 8

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