Line Item Description	Amount	Amount
Sales (11,500 units)		$552,000
Variable cost of goods sold:
Variable cost of goods manufactured	$254,600
Inventory, October 31 (1,900 units)	(36,100)
Total variable cost of goods sold		(218,500)
Manufacturing margin		$333,500
Variable selling and administrative expenses		(138,000)
Contribution margin		$195,500
Fixed costs:
Fixed manufacturing costs	$53,600
Fixed selling and administrative expenses	34,500
Total fixed costs		(88,100)
Operating income		$107,400

Prepare an income statement under absorption costing. Round all final answers to whole dollars.

Line Item Description	Amount	Amount
Contribution marginFixed manufacturing costsInventory, October 31SalesSelling and administrative expenses		$- Select -
Cost of goods sold:
Contribution marginCost of goods manufacturedCost of goods soldSalesSelling and administrative expenses	$- Select -
Contribution marginCost of goods manufacturedCost of goods soldInventory, October 31Selling and administrative expenses	- Select -
Inventory, October 31SalesTotal cost of goods manufacturedTotal cost of goods soldTotal fixed manufacturing costs		- Select -
Cost of goods manufacturedGross profitInventory, October 31SalesSelling and administrative expenses		$- Select -
Cost of goods manufacturedCost of goods soldFixed manufacturing costsInventory, October 31Selling and administrative expenses		- Select -
Operating incomeLoss from operations		$- Select -