Chapter 19. Homework 22 1.2 points Skipped ellook Print References Saved Trevor Company reports the variable costing income statement below for June. The company began the month with no finished goods inventory. It produced 11,000 units in June, and 2,500 units remain in ending finished goods inventory. Sales (8,500 units) Variable expenses $340,000 Variable cost of goods sold Variable selling and administrative expenses Contribution margin. $ 244,000 40,000 284,000 56,000 Fixed expenses Fixed overhead Fixed selling and administrative expenses Income Prepare an income statement using absorption costing. TREVOR COMPANY Income Statement (Absorption Costing) 7,700 16,500 24,200 $31,800 0