The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: 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 ($225,000 - 3,000 units) Total variable selling expenses ($15 per unit sold) Total fixed general and administrative expenses A A A A A A A 3,000 2,500 350 80 60 10 75 $ 37,500 $ 65,000 Required: Prepare Crystal Cold's full absorption costing Income statement and variable costing income statement for the year. Complete this question by entering your answers in the tabs below. Full Absorption Costing Variable Costing Prepare Crystal Cold's full absorption costing income statement for the year. CRYSTAL COLD COOLERS INC. Full Absorption Costing Income Statement Sales Less: Cost of Goods Sold Gross Margin Less: Non-Manufacturing Expenses Net Operating Income Beginning Inventory Contribution margin Cost of Goods Manufactured Ending Inventory Ending Inventory Fixed General and Administrative Expenses Interest Expense pling Sales Variable Selling Expense