Income Statements under Absorpetion Costing and Variable Costing Crazy Mountain Sports inci assembles and selis snowmobile engines. The company began operations on March 1 and operated at 1007 of capacty during the first month. The following data summarite the results for March: If required, round interim per-unit calculations to the nearest cent. a. Prepare an income statement according to the absorption costing concept. b. Prepare an income statement according to the variable costing concept