Cool Sioy reports the following for ins first year of operadions. The company produced 44,000 units and sold 36000 unts. at a price of $140 per unit. b. Assume the company uses absorption costing. Prepare ts income stateenent for the year under absorptian conting Cool Sky repoits the following for its first year of operations. The company produced 44,000 units and sold 36,000 units at a price of $140 per unit. 20. Assume the company uses variable costing. Determine its total product cost per unit. (The fallowing information applies to the questions disaldeded below) Cool Sky reports the following for as first year of operations. The company produced 44,000 unnts and sold 36.000 units at a price at $140 per unit. 2b. Assume the comparny uses variable costing. Prepore its income statement for the year undec valiable coumg