Income Statements under Absorption Costing and Variable Costing Crary 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 resuits for March: If required, round Interim per-unit calculations to the nearest cent. This information has been collected in the Microvoft Excel Online file. Open the spresdsheet, perform the required analysis, and input your answers in the questions below. a. Prepare an income statement according to the absorption costing concept. b. Prepare an income statement according to the variable costing concept