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Yariable Costing Income staiement On Apri 30 , the end of the first month of operations, Joplin Compary prepared the following incorme statement, bnsed on

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Yariable Costing Income staiement On Apri 30 , the end of the first month of operations, Joplin Compary prepared the following incorme statement, bnsed on the absorabon coiting concepti If the fixed marwufacturing costs were 515,221 and the nxed seliing and administrative expenses were 56,010, prepare an income statement accord ing to the variable costing concept. Round all final answers to whole dollars. F Giea My Wieh Sales - (Variable Cost of Goods Manufacturest - Variable Costang Ending inventory**) = Manufacturing Margin; Manufacturing Margin - Variable Selling and Administrotive fipenses = Contrbution Margin; Contwbution Margin - (Fixod Manufacturing Cotts + Fived Seiling and Adminlstrative Expensew) = Operating incente *Variable Cast of Goods Manufactured = Total Cost of Goods Manufactured - Feed Manufacturing Cast * *ariable Costing tnding Invehtory w (Varable Cost of Goods Manufactured/total Unats of Goods Manufactured) x Absacptian Costing Ending Iiventory units (giver)

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