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Operating income $28,790 on the absorption costing concept: Joplin Company Absorption Costing Income Statement If the fixed manufacturing costs were $42,900 and the For the Month Ended April 30 $234,000 fixed selling and administrative expenses were $19,010 Sales (6,500 units) Cost of goods sold: prepare an income statement according to the variable Cost of goods manufactured (7,500 units) $195,000 costing concept. Round all final answers to whole dollal Inventory, April 30 (1,100 units) (28,600) Total cost of goods sold (166,400) Joplin Company Variable Costing Income Statement Gross profit $67,600 For the Month Ended April 30 Selling and administrative expenses (38,810) Sales 234,000 Operating income $28,790 Variable cost of goods sold: Variable cost of goods manufactured 152,100 Inventory, April 30 22,308 If the fixed manufacturing costs were $42,900 and the Total variable cost of goods sold 129,792 fixed selling and administrative expenses were $19,010 Manufacturing margin 22,308 X Variable selling and administrative expenses 19,800 prepare an income statement according to the variable Contribution margin V 28,792 X costing concept. Round all final answers to whole dollar Fixed costs: Joplin Company Fixed manufacturing costs 42,900 Variable Costing Income Statement Fixed selling and administrative expenses 19,010 For the Month Ended April 30 Sales 234,000 Total fixed costs 61,910 Variable cost of goods sold: Operating income 28,790 X Variable cost of goods manufactured 152,100 Inventory, April 30 22,308