Exercise 6-9 Income statement under absorption costing and variable costing l The following information applies to the questions displayed below Cool Sky reports the following costing data on Its product for its first year of operations. During this first year, the company produced 4 units and sold 34.000 units at a price of$140 per unit. Manufacturing costs materials per unit 60 Direct labor per unit Variable overhead per unit Fixed overhead for the year 504,000 Selling and administrative cost Variable selling and administrative cost per unit 10 Fixed selling and administrative cost per year 115,000