( Required information Exercise 19-3 (Algo) 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 for its first year of operations. The company produced 46,000 units and sold 38,000 units at a price of $140 per unit. Direct materials Diruct labor Variable overhead Fixed overhead Variable selling and adninistrative expenses Fixed selling and administrative expenses Exercise 19-3 (Algo) Part 1a 10. Assume the company uses absorption costing. Determine its total product cost per unit