Variable costing Income Statement On November 30 , the end of the first month of operations, Weatherford company prepared the following income statement, based on the absorption costing concept: Assume the fixed manufacturing costs were $14,560 and the fixed selling and administrative expenses were $6,350. Prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Assume the fixed manufacturina cocte man. ........ and the fixed selling le costing concept