Question Instructions Frankenreiter Inc. Variable Costing Income Statement For the Year Ended December 31, 2016 10,912,000.00 1 Sales 2Variable cost of goods sold: 3 Variable cost of goods manufactured 4 Less ending inventory s Variable cost of goods sold 6 Manufacturing margin $6,432,000.00 480,000.00 5,952000 $4,960,000.00 ,155,000.00 3,805,000.00 7 Variable selling and administrative expenses Contribution margin 9 Fixed costs: 10 Fixed manufacturing costs 11 Fixed selling and administrative expenses 12 Income from operations $1,072000.00 80,000.00 1,952,000.00 1,853,000.00 All work saved