Variable Costing Income Statement

The following data were adapted from a recent income statement of The Procter $\backslash$& Gamble Company $($PG$)$:

Assume that the variable amount of each category of operating costs is as follows:

a$.$ Based on the data given, prepare a variable costing income statement for Procter $\backslash$& Gamble, assuming that the company maintained constant inventory levels during the period.

The Procter $\backslash$& Gamble Company Variable Costing Income Statement $($assumed$)($in millions$)$ The Procter $\backslash$& Gamble Company

Variable Costing Income Statement $($assumed$)($in millions$)$