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Varible Costing Income Statement Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: a. Based on

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Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: a. Based on the data given, prepare a variable costing income statement for Bluth, assuming that the company maintained canstant inventory levels during the period. b. If the Bluth company reduced its inventories during the period, what impact would that have on the operating income deternined under absarpbon costing? Wr the eluth company reduced its inventones during the period, then the cost of products sold would foed costs allocibed to the begirning in nutrocie the total fixed costs of products sold on the pbscrption costing income stotement would be and the operating inceme would be

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