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Vegan LLC owns a chain of gourmet vegetarian take out markets. Vegan's income statement in the traditional reporting format for the month follows. Vegan LLC

Vegan LLC owns a chain of gourmet vegetarian take out markets. Vegan's income statement in the traditional reporting format for the month follows.

Vegan LLC

Income Statement

For the Month

___________________________________________________________________________________________

Sales $890000

Cost of good sold 607000

Gross Margin $283000

Selling and Admin expenses

Variable (44500)

Fixed (72300)

Operating Income $166200

Total fixed production costs for the month were $140000. Prepare an income statement for Vegan LLC for the month, using the variable costing format

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