Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: (in millions) Sales $177,400 $(85,150) Operating costs: Cost of products sold Marketing, administrative, and other expenses Total operating costs (56,770) $(141,920) Operating income $35,480 Assume that the variable amount of each category of operating costs is as follows: (in millions) Cost of products sold $47,900 Marketing, administrative, and other expenses 23,060 a. Based on the data given, prepare a variable costing income statement for Bluth, assuming that the company maintained constant inventory levels during the period. The Bluth Company Variable Costing Income Statement (assumed) (in millions)