Canvas M Wells Fargo G Gmail f Facebook Acorns A Fidelity Investments The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: Number of units produced 2,900 Number of units sold 2,500 Unit sales price 340 Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($217,500/2,900 units) Total variable selling expenses ($13 per unit sold) 32,500 Total fixed general and administrative expenses 62,000 Required: Prepare Crystal Cold's full absorption costing income statement and variable costing income statement CRYSTAL COLD COOLERS INC. Full Absorption Costing Income Statement Less: Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods Sold Gross Margin Less: Non-Manufacturing Expenses