Variable Costing Income Statement The following data were adapted from a recent income statement of Bluth Company: in millions) Sales $215,190 Operating costs: Cost of products sold $103,290 Marketing, administrative, and other expenses 68,860 Total operating costs $172,1510 $43,040 Income from operations Assume that the variable amount of each category of operating costs is as follows: in millions) Cost of products sold $58,100 Marketing, administrative, and other 27,970 expenses a. Based on the data given, prepare a variable costing income statement for Bluth Company, assuming that the comparn constant inventory levels during the period. Bluth Company Variable Costing Income Statement (assumed) in millions Sales 215,190 Variable cost of products sold 58,100 Manufacturing margin 157,390 Variable marketing, administrative, and other expenses 27,970 Contribution margin 129,420 Fixed costs: Fixed manufacturing costs Fixed marketing, administrative, and other expenses Total fixed costs Income from operations