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2. Prepare an income statement based on the variable costing concept. YoSan Inc. Variable Costing Income Statement For the Month Ended July 31 Sales $fill in the blank 562b3e054fa8053_2 2,150,000 Variable cost of goods sold: Variable cost of goods manufactured $fill in the blank 562b3e054fa8053_4 Inventory, July 31 fill in the blank 562b3e054fa8053_6 Total variable cost of goods sold fill in the blank 562b3e054fa8053_8 1,280,000 Manufacturing margin $fill in the blank 562b3e054fa8053_10 870,000 Variable selling and administrative expenses fill in the blank 562b3e054fa8053_12 204,000 Contribution margin $fill in the blank 562b3e054fa8053_14 666,000 Fixed costs: Fixed manufacturing costs $fill in the blank 562b3e054fa8053_16 288,000 Fixed selling and administrative expenses fill in the blank 562b3e054fa8053_18 96,000 Total fixed costs fill in the blank 562b3e054fa8053_20 384,000 Operating income $fill in the blank 562b3e054fa8053_22 282,000

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2. Prepare an income statement based on the variable costing concept. YoSan Inc. Variable Costing In...
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