Absorption costing Income statement Instructions Labels and Amount Descriptions Absorption Costing Income Statement Instructions Sullivan Equipment Company Variable Costing Income Statement For the Month Ended March 31 510,500,000.00 $3,220,000.00 (420,000.00) 2.800,000.00 1 Sales (70,000 units Variable cost of goods sold: 3 Variable cost of goods manufactured Inventory, March 31 (10,500 units) 5 Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs 10 Foed manufacturing costs 11 Fixed selling and administrative expenses Total fed costs 57.700,000.00 2,205,000.00 $5.495,000.00 5840,000.00 489,500.00 11 1.329,500.00 13 Income from operations $4,165,500.00 Instructions Absorption Costing Income Statement Propare an income statement under absorption costing Fedor to the lists of Labels and Amount Descriptions for the exact wording at the answer choices for text entries. Be sure to complete the statement handing. Acolon () will automatically appear if required. Enitor al amounts as positive numbers found your cost per unit answer to wo decimal places and final answers to nearest whole dolar. Sullivan Equipment Company Absorption Costing Income Statement (Label) 1 Check My Work more Check My Work uses remaining Previous Next >