K Suppose that during April, ReVitalAde produces 13,500 cases of powdered drink mix and sells 14,500 cases. Sale price, variable cost per case, and total fixed expenses remain the same as in March. 1. Prepare the April income statement under absorption costing. 2. Is absorption costing income higher or lower than variable costing income? Explain. 3. Reconcile the difference between the absorption costing income statement and the variable costing income statement. (Click the icon to view relevant data.) (Click the icon to view the Income Statement (Absorption Costing) for March.) (Click the icon to view the Income Statement (Variable Costing) for April.)