5. value: 20.00 points Problem 6-198 Variable and Absorption Costing Unit Product Costs and Income Statements [LO6-1, LO6-2] Roberts Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Variable costs per unit: Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative expenses $ S $ $ 22 14 5 $ 270,000 $ 210,000 During its first year of operations Roberts produced 60,000 units and sold 60,000 units. During its second year of operations it produced 75,000 units and sold 50,000 units. In its third year, Roberts produced 40.000 units and sold 65,000 units. The selling price of the company's product is $52 per unit Required: 1. Compute the company's break-even point in units sold Break-even unit salos units 2. Assume the company uses variable costing: a. Compute the unit product cost for year 1, year 2, and year 3. Year 1 Year 2 Year 3 Unit product cost b. Prepare an income statement for year 1, year 2, and year 3. Roberts Company Variable Costing Income Statement Year 1 Year 2 Year 3 Variable expenses: Total variable expenses Fixed expenses Total fixed expenses Net operating income (loss) 3. Assume the company uses absorption costing: a. Compute the unit product cost for year 1. year 2, and year 3. (Round your intermediate and final answers to 2 decimal places.) Year 1 Year 2 Year 3 Unit product cost b. Prepare an income statement for year 1. year 2, and year 3. (Round your intermediate calculations to 2 decimal places.) Roberts Company Absorption Costing Income Statement Year 1 Year 2 Year 3 Net operating income (loss)