1) XYZ Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials $80 Fixed costs per year: Direct labor $1,404,000 Fixed manufacturing overhead $3,402,000 Fixed selling and administrative expense $1,617,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 54,000 units and sold 49,000 units. The company's only product is sold for $238 per unit. Required: a. (3 points) Assume the company uses super-variable costing. Determine the unit product cost for the year b. (10 points) Assume the company uses super-variable costing. Prepare an income statement for the year using super-variable costing. c. (2 points) Briefly describe why companies use super-variable costing