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 3,100 2,300 350 50 $ 45 $ 15 Fixed manufacturing overhead per unit ($201,500/3,100 units) Total variable selling expenses ($12 per unit sold) $ 65 $27,600 $64,000 Variable manufacturing overhead per unit Total fixed general and administrative expenses 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 Variable Selling Expense Fixed General and Administrative Expenses Net Operating Income