Questlons 5-8 (of 11) e 19-9 Uni t costs and income statement under absorption costing and variable costing LO P1, P2 The following Iinformetion applies to the questions displeyed below Cool Sky Company reports the following costing data on its product for its first year of operations. During ths first year, the company produced 44,000 unlts and sold 36,000 unlts at a price of $140 per unit Direct materials per unit $ 60 $ 22 per unit for the year $528,000 Selling and Fbxed selling and statement under absorption costing and variable costing LO P1, P2 5. 2 0.25 points 8