9 Part 4 of 4 Required information (The following information applies to the questions displayed below.] Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 44,000 units and sold 36,000 units at a price of $110 per unit. 5.6 points $ $ 42 16 eRook Manufacturing coata Direct materials per unit Direct labor per unit able overhead per unit overhead for the year Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $395.000 $ 11 $105,000 Hint Print 2b. Assume the company uses variable costing. Prepare its income statement for the year under variable costing. o References COOL SKY Variable Costing Income Statement Not income (loss) Mc Graw Hill