CengageNOWv2 | Online teaching and learning resource from Cengage Learning .com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How ariable Costing Income Statement On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concep Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (6,500 units) $162,500 Cost of goods sold Cost of goods manufactured (7,700 units) $138,600 Inventory, April 30 (1,100 units) (19,800) Total cost of goods sold (118,800 Gross profit $43,700 Selling and administrative expenses (26,890 Operating income $16,810 If the fixed manufacturing costs were $33,264 and the fixed selling and administrative expenses were $13,170, prepare an income statement according to final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 162.500 Sales Variable cost of goods sold: Variable cost of goods manufactured April 30