CJLL manufactures snowboards. CJLL began 2020 with an inventory of 290 boards. During the year, it...

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CJLL manufactures snowboards. CJLL began 2020 with an inventory of 290 boards. During the year, it produced 900 boards and sold 850 for $700 each. Fixed production costs were $117,000, and variable production costs were $400 per unit. Fixed advertising, marketing, and other general and administrative expenses were $120,000, and variable shipping costs were $17 per board. Assume that the cost of each unit in beginning inventory is equal to 2020 inventory cost CJLL uses a denominator level of 900 units Read the (equirement Requirement 1. Prepare an income statement assuming CJLL uses variable costing Complete the top half of the income statement first, then complete the bottom portion (Use parentheses or a minus sign for an operating loss.) a denominator level of 900 units. Production-volume variances are written off to cost of goods Requirement 2. Prepare an income statement assuming CJLL uses absorption costing. CJLL uses a denominator level of 900 units. Production-volume variances are written off to cost of goods sold. Complete the top half of the income statement first, then complete the bottom portion. (Do not round intermediary calculations. Only round the amount you input in the call to the nearest dollar Use parentheses or a minus sign for an operating loss.) Requirement 3. Compute the breakeven point in units sold assuming CJLL uses (a) Variable costing and (b) Absorption costing Provide proof of your breakeven calculations Requirement 3(a). Compute the breakeven point in units under variable costing. (Round your answer up to the next whole number.) Breakeven point under variable costing Requirement 3(b). Compute the breakeven point in units under absorption costing First, select the formula and enter the amounts. Then solve for Q in the next step. (Enter the fixed migrate to the nearest cent. Assume "Q" is the breakeven point in units. Abbreviations used: BEP breakeven point, CM contribution margin, and Mig-manufacturing) BEP under absorption i (Breakeven units 01- costing Q 11+ a (Round your answer up to the next whole number.) Q (the breakeven point) under absorption costing is units Provide proof of your preceding breakeven calculations. (Round all amounts to the nearest whole dollar.) a. Variable costing. b. Absorption costing. (Round all amounts to the nearest whole dollar.). CJLL manufactures snowboards. CJLL began 2020 with an inventory of 290 boards. During the year, it produced 900 boards and sold 850 for $700 each. Fixed production costs were $117,000, and variable production costs were $400 per unit. Fixed advertising, marketing, and other general and administrative expenses were $120,000, and variable shipping costs were $17 per board. Assume that the cost of each unit in beginning inventory is equal to 2020 inventory cost CJLL uses a denominator level of 900 units Read the (equirement Requirement 1. Prepare an income statement assuming CJLL uses variable costing Complete the top half of the income statement first, then complete the bottom portion (Use parentheses or a minus sign for an operating loss.) a denominator level of 900 units. Production-volume variances are written off to cost of goods Requirement 2. Prepare an income statement assuming CJLL uses absorption costing. CJLL uses a denominator level of 900 units. Production-volume variances are written off to cost of goods sold. Complete the top half of the income statement first, then complete the bottom portion. (Do not round intermediary calculations. Only round the amount you input in the call to the nearest dollar Use parentheses or a minus sign for an operating loss.) Requirement 3. Compute the breakeven point in units sold assuming CJLL uses (a) Variable costing and (b) Absorption costing Provide proof of your breakeven calculations Requirement 3(a). Compute the breakeven point in units under variable costing. (Round your answer up to the next whole number.) Breakeven point under variable costing Requirement 3(b). Compute the breakeven point in units under absorption costing First, select the formula and enter the amounts. Then solve for Q in the next step. (Enter the fixed migrate to the nearest cent. Assume "Q" is the breakeven point in units. Abbreviations used: BEP breakeven point, CM contribution margin, and Mig-manufacturing) BEP under absorption i (Breakeven units 01- costing Q 11+ a (Round your answer up to the next whole number.) Q (the breakeven point) under absorption costing is units Provide proof of your preceding breakeven calculations. (Round all amounts to the nearest whole dollar.) a. Variable costing. b. Absorption costing. (Round all amounts to the nearest whole dollar.).