$ 11 Vaciable costs per unit Manufacturi Direct sateeials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per years Fixed manufacturing overhead Fixed selling and adeinistrative $ $ 1 1 $308,00 $218.000 During the year, the company produced 28.000 units and sold 24,000 units. The selling price of the company's product is 541 per unit Required: 1. Assume that the company uses absorption costing a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing a Compute the unit product cost b. Prepare an income statement for the year, Complete this question by entering your answers in the tabs below. Req 1A Regin Reg 2 Reg 28 Prepare an income statement for the year. Assume that the company uses variable costing Lync Company Variable Costing Income Statement 0 0 Prey 1 of 5 Next > O Lynch Company Variable Costing Income Statement 0 0 0 $ 0