Variable selling and administrative expenses Contribution margin Trevor Company reports the variable costing income statement below for June. The company began the month with no finished goods Inventory. It produced 10,400 units in June, and 2,200 units remain in ending finished goods inventory. Sales (8,200 units) Variable expenses Variable cost of goods sold $369,000 $ 282,000 37,000 319,000 50,000 Fixed expenses Fixed overhead Fixed selling and administrative expenses Income Prepare an income statement using absorption costing. Answer is not complete. TREVOR COMPANY 7,280 12,000 19,280 $ 30,720 Income Statement (Absorption Costing). Sales Cost of goods sold Gross profit Selling and administrative expenses Income 00000 $ 369,000 369,000 369,000