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 March: Line Item Description Amount Amount Sales (12,500 units) $1,375,000 Production costs (16,000 units): Direct materials $651,200 Direct labor 312,000 Variable factory overhead 156,800 Fixed factory overhead 104,000 1,224,000 Selling and administrative expenses: Variable selling and administrative expenses $189,700 Fixed selling and administrative expenses 73,400 263,100 If required, round interim per-unit calculations to the nearest cent. Question Content Area a. Prepare an income statement according to the absorption costing