Required information [The following information applies to the questions dispiayed below] Cool Sky reports the following for its first yeat of operations. The company produced 46.000 units and sold 38,000 units at a price of $150 per uniti. b. Assume the company uses absorption costing Prepare its income statement fot the yest under abspiption conting Required information The following information applies to the questions displayed below, Cool Sky reports the following for its first year af operations. The company produced 46,000 units and sold 38,000 units at a price of $150 per unit. b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing Required information [The following information opplles to the questions displayed below] Cool Sky reports the following for its first year of operations. The company produced 46.000 units and sold 38,000 utirs at a price of $150 per unit. 2a. Assume the company uses variable costing Determine tos toth proctuct cost per und. 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 46,000 units and sold 38,000 units at a price of $150 per unit. 20. Assume the company uses variable costing. Determine its total product cost per unit