Question: Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: Sales Operating costs: (in millions) $236,780

Variable Costing Income Statement The following data were adapted from a recentincome statement of The Bluth Company: Sales Operating costs: (in millions) $236,780

Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: Sales Operating costs: (in millions) $236,780 Cost of products sold $(113,650) Marketing, administrative, and other expenses (75,770) Total operating costs $(189,420) Operating income Assume that the variable amount of each category of operating costs is as follows: $47,360 Cost of products sold Marketing, administrative, and other expenses (in millions) $63,930 30,780

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