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The following information pertains to the first year of operation for Crystal Cold Coolers Incorporated: table [ [ Number of units produced, 2 ,

The following information pertains to the first year of operation for Crystal Cold Coolers Incorporated:
\table[[Number of units produced,2,900],[Number of units sold,2,500],[Unit sales price,$355
Prepare Crystal Cold's full absorption costing income statement for the year.
Crystal Cold Coolers Incorporated
Full Absorption Costing
Income Statement
Less: Cost of goods sold
Gross margin
Less: Non-manufacturing expenses
Net operating income
\table[[Crystal Cold Coolers Incorporated,],[Variable Costing,],[Income Statement,],[Less: Variable cost of goods sold,],[,],[Contribution margin,],[Less: Fixed costs,],[,]]
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