Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cont per unit: Direct materials Tixed costs per year Direct labor Pixed manufacturing overhead Tixed selling and administrative expenses $ 429.000 $ 421,200 $72.000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first 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. Required: 1. Assume the corripany uses super variable costing: a. Compute the unit product cost for the year b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $16.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year b. Prepare an income statement for the year 3. Assume the company uses an absorption costing system thatssigns $16.50 of direct labor cost and $16.20 of fixed manufacturing overhead cost to each unit produced: a Compute the unit product cost for the year. b. Prepare an income statement for the year. 48. Reconcile the difference between the super-variable costing and variable costing net operating incomes 4b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Neni B DA Dans Reg 1A Reg 10 Req 2A Reg 28 Reg 3 Red 38 REGA og Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Coating Income Statement 0 Fixed expenses 4 0 $ 0 Prey 1 of 1 !!! Next > Reg 1A Reg 1B Reg 2A Reg 28 Red BA Req 38 Reg 4 Reg 48 Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $16.50 of direct labor cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Variable Costing Income Statement 0 Fixed expenses 0 $ 0 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Reg 48 Reg 28 Req3A Reg 38 Reg 4 Prepare an income statement for the year. Assume the company rees an absorption costing system that assigns $16.50 of direct labor cost and $16.20 of fixed manufacturing overhead each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Absorption Costing Income Statement 0 $ 0 a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. ab. Reconcile the difference between the super-variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 2A Reg 28 Reg 3A Reg 3B Reg 4A Reg 48 Reconcile the difference between the super-variable costing and variable costing net operating incomes. Super-variable costing net operating income (104) $ 0 Variable costing net operating income (lon) Prey 1 of 1 !!! Next Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cont per unit: Direct materials Tixed costs per year Direct labor Pixed manufacturing overhead Tixed selling and administrative expenses $ 429.000 $ 421,200 $72.000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first 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. Required: 1. Assume the corripany uses super variable costing: a. Compute the unit product cost for the year b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $16.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year b. Prepare an income statement for the year 3. Assume the company uses an absorption costing system thatssigns $16.50 of direct labor cost and $16.20 of fixed manufacturing overhead cost to each unit produced: a Compute the unit product cost for the year. b. Prepare an income statement for the year. 48. Reconcile the difference between the super-variable costing and variable costing net operating incomes 4b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Neni B DA Dans Reg 1A Reg 10 Req 2A Reg 28 Reg 3 Red 38 REGA og Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Coating Income Statement 0 Fixed expenses 4 0 $ 0 Prey 1 of 1 !!! Next > Reg 1A Reg 1B Reg 2A Reg 28 Red BA Req 38 Reg 4 Reg 48 Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $16.50 of direct labor cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Variable Costing Income Statement 0 Fixed expenses 0 $ 0 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Reg 48 Reg 28 Req3A Reg 38 Reg 4 Prepare an income statement for the year. Assume the company rees an absorption costing system that assigns $16.50 of direct labor cost and $16.20 of fixed manufacturing overhead each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Absorption Costing Income Statement 0 $ 0 a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. ab. Reconcile the difference between the super-variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 2A Reg 28 Reg 3A Reg 3B Reg 4A Reg 48 Reconcile the difference between the super-variable costing and variable costing net operating incomes. Super-variable costing net operating income (104) $ 0 Variable costing net operating income (lon) Prey 1 of 1 !!! Next