On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on

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answerhappygod
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On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on

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On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept:
If the fixed manufacturing costs were $49,896 and the fixed selling and administrative expenses were $21,040, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.
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