Joplin Company Variable Costing Income Statement For the Month Ended April 30 Variable cost of...
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Joplin Company Variable Costing Income Statement For the Month Ended April 30 Variable cost of goods sold: Variable cost of goods manufactured Fixed costs: On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 If the fixed manufacturing costs were $28,175 and the fixed selling and administrative expenses were $12,070, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars
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