K Variable 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 concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (4,400 units) Cost of goods sold: Cost of goods manufactured (5,200 units) Inventory, April 30 (700 units) Total cost of goods sold Gross profit Selling and administrative expenses Operating income $83,200 (11,200) $101,200 (72,000) $29,200 (16,780) $12,420 If the fixed manufacturing costs were $18,304 and the fixed selling and administrative expenses were $8,220, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Variable 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 concept: If the fixed manufacturing costs were $18,304 and the fixed selling and administrative expenses were $8,220, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. If the fixed manufacturing costs were $18,304 and the fixed selling and administrative expenses were $8,220, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars