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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 ousting concept: Joplin Cmnpany Absorption Costing Income Statement For the Month Ended April 3|] Sales (3,200 units) $112,000 Cost of goods sold: Cost of goods manufactured (3,700 units] $92,500 Inventory. April 30 (500 uniis] (12,500) Total cost of goods sold (00,000] Gross profit $32,000 Selling and administrative experses (19,950] Operating income $12,050 If the xed manufacturing costs were $24,975 and the fixed selling and adrrl'nistiative expensE were $9,770, prepare an income statement according bottle variable ousting concept. Round all nal answers In whale dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Variable cost of goods sold: Fixed costs