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Instructions On November 30, the end of the first month of operations, Weatherford Company propared the following income statement, based on the absorption costing concept Weatherford Company Absorption Costing Income Statement For the Month Ended November 30 $3,92000000 $2,600.000,00 36,000.00) Sales (28.000 units Cost of goods sold 1 Cout of goods manufactured (57,600 units) Inventory, November 30 (4.600 units) Total cost of goods sold Gross profit Selling and administrative expenses + Income from operations 2.240,000.00 $1680,000.00 175.000.00 $1.505,000.00 the feed manufacturing costs were $260,800 and the fixed selling and administrative expenses were $140,000, prepare an income statement according to the variable costing concept Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Acolon () www.automatically appear frequired. Enio al amounts as positive number Round your cost per unit answer to two doomplices and finala were lo nevrest whole doar Labels Fixed costs For the Month Ended November 30 November 30 Amount Descriptions Contribution margin Contribution margin ratio Fixed manufacturing costs Fixed selling and administrative expenses Gross profit Income from operations Inventory, November 30 Loss from operations Manufacturing margin Planned contribution margin Sales Sales mix Total food costs Total variable cost of goods sold Variable cost of goods manufactured Variable cost of goods sold Variable selling and administrative expenses of the fixed manufacturing costs were $260,800 and the fixed selling and administrative expenses wero $140,000, propano an income statement according to the variabile costing concept Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon () wasomatically appear it required. Enter all amounts as positive numbers. Round your cost per unit answer to 2 decimal places & liria answers to nearest whole comar Weatherford Company Variable Costing Income Statement (Label) 1 1 3 1 6 Label 10 11 1 13

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