The following information pertains to the first year of operation for Crystal Cold Coolers Inc.: 3,100 2,500 350 $ 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 (5201,500/3,100 units) Total variable selling expenses ($13 per unit sold) Total fixed general and administrative expenses 55 65 32,500 58,000 Required: Prepare Crystal Cold's full absorption costing Income statement and variable costing CRYSTAL COLD COOLERS INC Full Absorption Costing Income fatamen Cost of Goods Available for Sale 0 Cost of Good Bold Gross Margin IIIIIIIIII IIIIIIIIIIIII Net Operating income CRYSTAL COLD COOLERS INC. Variable Costing Income Statement Less: Variable Cost of Goods Sold Cost of Goods Available for Sale Variable Cost of Goods Sold Contribution Margin Less: Fixed Costs Net Operating Income