VVJB manufactures snowboards. WVJB began 2020 with an inventory of 290 boards. During the year, it produced 1,300 boards and sold 520 for $720 each. Fixed production costs were $260,000, board. and variable production costs were $280 per unit. Fixed advertising, marketing, and other general and administrative expenses were $110,000, and variable shipping costs were $18 per Assume that the cost of each unit in beginning inventory is equal to 2020 inventory cost. VVJB uses a denominator level of 1,300 units. Read the requirements. ww Requirement 1. Prepare an income statement assuming VVJB uses variable costing. Complete the top half of the income statement first, then complete the bottom portion. (Use parentheses or a minus sign for an operating loss.) Requirement 2. Prepare an income statement assuming VVJB uses absorption costing. VVJB uses a denominator level of 1,300 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.)

Requirement 2. Compute the breakeven point in units sold assuming WJB uses (a) Variable costing and (b) Absorption costing. Provide proof of your breakeven calculations. Requirement 3(a), Compute the breakeven point in units under variable costing. (Round your answer up to the next whole number.) Requirement 3(b). Compute the breakeven point in units under absorption costing. brookiven point. \\( \\mathrm{CM}= \\) contribution margin, and Mig \\( = \\) manufacturing.) Round your anwar up to the next whole number.) Q (the bremberen point) under absorption costing is units. Provide proof of your proceding breakeven calculations. (Round all amounts to the neerost wholo dolar) a. Variable costing. (Round your answer up to the next whole number.) Q (the breakeven point) under absorption costing is units. Provide proof of your preceding breakeven calculations. (Round all amounts to the nearest whole dollar.) a. Variable costing. Assume thet the cost of each unit in beginning imventory is equal to 2020 invantory cost. WJ uses a denominator level of 1,300 unkts. Read the requirgenents. Requirement 1. Prepare an income statement assuming WJB uses variable costing. Complete the tog half of the income statement first, then complete the bottom portion. (Upe parentheses or a minus sign for an operating loes.) acid tequirement 2. Prepare an income statement assuming WJB uses absorption costing. WJB uses a denominator level of 1,300 units, Pr Complete the top half of the income statement first, then complete the bottom portion. (Do not round intermediary calculations. Only round arentheses or a minus sign for an operating loss.) Requirement 3. Compute the breakeven point in units sold assuming WJB uses (a) Variable costing and (b) Absorption costing. Provide pro Requirement 3(a). Compute the breakeven point in units under variable costing. (Round your answer up to the next whole number.)