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 ($182,000/2,800 units) Total variable selling expenses ($11 per unit sold) Total fixed general and administrative expenses 2,800 2,500 69 69 69 69 69 69 69 ta $ 340 $ 60 $ 50 $ 11 $ 65 $ 27,500 $ 62,000 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 Variable Costing 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 $ 850,000 < Full Absorption Costing 27,500 0 0 62,000 Variable Costing >