Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its firz year of operations, Bracey produced 26,000 units and sold 23,900 units. The selling price of the company's product is $70 per unit. Prepare an Income statement for the year. Assume the company uses super-variable costing. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Bracey Company } \\ \hline \multicolumn{2}{|c|}{ Super-Variable Costing Income Statement } & \\ \hline & & \\ \hline & & \\ \hline Fixed expenses: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Compute the unit product cost for the year. Assume the company uses super-varlable costing. Compute the unit product cost for the year. Assume the company uses a varlable costing system that assigns $16.50 of direct labor cost to each unit produced. (Round your answer to 2 decimal places.) Prepare an Income statement for the year. Assume the company uses a varlable costing system that assigns $16.50 of direct labor cost to each unit produced. (Round your Intermedlate calculations to 2 decimal places.)