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Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: Sales Operating costs: (in millions) $179,890
Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: Sales Operating costs: (in millions) $179,890 Cost of products sold $(86,350) Marketing, administrative, and other expenses (57,560) Total operating costs $(143,910) $35,980 Operating income Assume that the variable amount of each category of operating costs is as follows: Cost of products sold Marketing, administrative, and other expenses (in millions) $48,570 23,390 a. Based on the data given, prepare a variable costing income statement for Bluth, assumi that the company maintained constant inventory levels during the period. The Bluth Company Variable Costing Income Statement (assumed) (in millions) H Fixed costs: 00000
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