Labels Fixed costs For the Month Ended October 31 Amount Descriptions Contribution margin Ending inventory Fixed manufacturing costs Fixed selling and administrative expenses Manufacturing margin Operating income Sales Total fixed costs Total variable cost of goods sold Variable cost of goods manufactured Variable selling and administrative expenses Variable Costing Income Statement Prepare an income statement using variable costing. 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 (:) will automatically appear if it is required. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive. Morristown