KKMB manufactures snowboards. KKMB began 2020 with an inventory of 270 boards. During the year, it produced 600 boards and sold 850 for $790 each. Fixed production costs were $84,000, and variable production costs were $250 per unit. Fixed advertising, marketing, and other general and administrative expenses were $115,000, and variable shipping costs were $11 per board. Assume that the cost of each unit in beginning inventory is equal to 2020 inventory cost. KKMB uses a denominator level of 600 units. Read the requirements. Requirement 1. Prepare an income statement assuming KKMB uses variable costing. i Requirements X Complete the top half of the income statement first, then complete the bottom portion. (Use parentheses or a minus sign for an operating loss.) 1. Prepare an income statement assuming KKMB uses variable costing. 2. Prepare an income statement assuming KKMB uses absorption costing. Production-volume variances are written off to cost of goods sold. 3. Compute the breakeven point in units sold assuming KKMB uses the following methods. Provide proof of your breakeven calculations. a. Variable costing b. Absorption costing Print Done Requirement 2. Prepare an income statement assuming KKMB uses absorption costing. KKMB uses a denominator level of 600 units. Production-volume variances are written off to cost of goods sold. Complete the top half of the income statement first, then complete the bottom portion. (Do not round intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Use parentheses or a minus sign for an operating ? loss.) Choose from any list or enter any number in the input fields and then continue to the next