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The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: Number of units produced Number of units sold. 2,900
The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: Number of units produced Number of units sold. 2,900 2,500 Unit sales price 345 Direct materials per unit $ 50 Direct labor per unit $ 55 ok Variable manufacturing overhead per unit $ 14 Fixed manufacturing overhead per unit ($188,500/2,900 units) Total variable selling expenses ($15 per unit sold) $ 65 Total fixed general and administrative expenses $37,500 $ 62,000 nces 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
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