wody 24 01:36:40 ABC Firm uses variable costing for Internal decision making purposes. In the month of September, the firm produced 2,000 units and sold 1500. There was no beginning inventory. The income statement follows: Sales (1,500 units) $67,500 Variable costs Manufacturing 15,000 Selling and Administrative 14.250 29.250 Contribution Margin $38.250 Fred Costs Manufacturing 12,000 Selling and Administrative 13.000 25.000 Net Income $13.250 a. Prepare a traditional Income statement assuming absorption costing