The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: 3,000 2,500 350 80 $ 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 10 37,500 65,000 Required: Prepare Crystal Cold's full absorption costing income statement and variable costing income statement for the year. (Do not leave any numeric cells blank, enter a zero wherever required.) CRYSTAL COLD COOLERS INC. Full Absorption Costing Income Statement Less: Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods Sold Gross Margin Less: Non-Manufacturing Expenses Net Operating Income CRYSTAL COLD COOLERS INC. Variable Costing Income Statement Less: Variable Cost of Goods Sold Cost of Goods Available for Sale 0 Variable Cost of Goods Sold Contribution Margin Less: Fixed Costs Net Operating Income