Required information Exercise 06-9 Income statement under absorption costing and variable costing LO P1, P2 [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 44,000 units and sold 36,000 units at a price of $130 per unit. Manufacturing costs Direct materials per unit 54 Direct labor per unit 20 Variable overhead per unit Fixed overhead for the year $484,200 Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $105,000 Exercise 06.9 Part 1a Exercise 06-9 Part 1a 1a. Assume the company uses absorption costing. Determine its product cost per unit. Per unit product cost using: Absorption costing Total cost per unit