Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (6,500 units) $130,000 Cost of goods sold: Cost of goods manufactured (7,400 units) $103,600 Inventory, April 30 (1,000 units) (14,000) Total cost of goods sold (89,600) Gross profit $40,400 Selling and administrative expenses Operating income (24,050) $16,350 Sales For the Month Ended April 30 If the fixed manufacturing costs were $27,972 and the fixed selling and administrative expenses were $11,780, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement Variable cost of goods sold: Variable cost of goods manufactured Inventory, April 30 Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income x 130,000 00