Variable Costing Income Statement The following data were adapted from a recent income statement of The Bluth Company: Sales Operating costs: (in millions) $256,900 Cost of products sold i $(123,310) Marketing, administrative, and other expenses (82,210) Total operating costs $(205,520) Operating income $51,380 Assume that the variable amount of each category of operating costs is as follows: Cost of products sold (in millions) $69,360 Marketing, administrative, and other expenses 33,400 a. Based on the data given, prepare a variable costing income statement for Bluth, assuming that the company maintained constant inventory levels during the period. The Bluth Company Variable Costing Income Statement (assumed) (in millions)