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The following information pertains to the first year of operation for crystal cold coolers INC Number of units produced 3,000 Number of units sold 2,500

The following information pertains to the first year of operation for crystal cold coolers INC

Number of units produced 3,000
Number of units sold 2,500
Unit Sales Price $350
Direct Material Per unit 80
Direct Labor per unit 60
Variable Manufacturing overhead per unit 10
Fixed Manuf overhead per unit( $ 225,000/3,000)units) 75
Total Variable selling expense($15per unit sold) 37,500
Total fixed general and adminstrative expense 65,000

1.Prepare Crystal Cold Full absorption costing income statement and variaable costing income statement for the year

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