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  3. the following data were adapted from a recent inco

The following data were adapted from a recent income statement of Bluth Company: ...

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Accounting

The following data were adapted from a recent income statement of Bluth Company:

(in millions)
Net sales $235,390
Operating costs:
Cost of products sold $112,990
Marketing, administrative, and other expenses 75,320
Total operating costs $188,310
Income from operations $47,080

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

(in millions)
Cost of products sold $63,560
Marketing, administrative, and other expenses 30,600
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Based on the above data, prepare a variable costing income statement for Bluth Company, assuming that the company maintained constant inventory levels during the period.

Bluth Company

Variable Costing Income Statement

(in millions)

$

$

$

Fixed costs:

$

Income from operations

$

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