Income Statements under Absorption Costing and Variable Costing March Crazy Mountain Sports Inc. assembles and sells snowmobile engines. The company began operations on March 1 and operated at 100% of capacity during the first month. The following data summarize the results for Sales (4,000 units) Production costs (4,000 units) Direct materials $1,184,800 510,400 $2,760,000 Direct laber Variable factory everhead Fixed factory overhead 13,200 130,400 1,910,000 Selling and administrative expenses Variable selling and administrative expenses Fixed selling and administrative expenses $59,200 24,000 84,000 If required, round interim per-unit calculations to the nearest cent This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.