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Required information [ The following information applies to the questions displayed below. ] Cool Sky reports the following for its first year of operations. The

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Required information
[The following information applies to the questions displayed below.]
Cool Sky reports the following for its first year of operations. The company produced 44,000 units and sold 36,000 units
at a price of $130 per unit.
2b. Assume the company uses variable costing. Prepare its income statement for the year under variable costing.
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