Required: Prepare Crystal Cold's full absorption costing income statement and variable costing income statement for the year

  

Number of units produced Number of units sold Unit sales price Direct materials per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead per unit ($203,000/2,900 units) Total variable selling expenses ($14 per unit sold) Total fixed general and administrative expenses $ SS $ 2,900 2,500 350 70 50 11 70 $ $ 35,000 $ 64,000