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Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations. $ 34 Variable cost per uniti Direct

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Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations. $ 34 Variable cost per uniti Direct materials Fixed costs per year Direct labor Pixed manufacturing overhead Pixed selling and administrative expenses 5.495,000 $ 453,750 $ 78,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 27500 units and sold 25,100 units. The selling price of the company's product is $75 per unit. Required: 1. Assume the company 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 $18.00 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 that assigns $18.00 of direct labor cost and $16.50 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. 4a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. 46. 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 Reg 18 Reg 2A Reg 28 Req3A Reg 38 Reg 4A Req 48 Compute the unit product cost for the year. Assume the company uses super variable costing. Unit product cost RegiA Req 18 > Reg LA de 18 Reg 2A Reg 28 Reg 3A Red 48 Reg 38 Reg 4 Prepare an income Req 1B the year. Assume the company uses super-variable costing. Bracey Company Super Variable Costing Income Statement Fixed expenses o 80 F3 F4 F1 F2 Complete this question by entering your answers in the tabs below. LA Red 18 RZA Reg 28 RegJA Res 38 Reg 4 Reg 48 Compute the unit product cost for the year. Assume the company uses a variable costing system that assigns $18.00 of direct labor cost to each unit produced. (Round your answer to 2 decimal places Uroductos Reg 1A Reg 1B Red 2A Reg 2B Empeg Req 3B Reg 4A Prepare an income statement for the year. Assume the company uses a variable costing system tha labor cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Variable Costing Income Statement Fixed expenses Complete this question by entering your answers in the tabs below. RG LA Reg 18 Req 2A Reg 20 Rea Reg 38 Reg Re 45 Compute the unit product cost for the year. Assume the company uses an absorption costing system that assigns $18.00 of direct labor cost and $16.50 of Mixed manufacturing overhead cost to each unit produced (Round your answer to 2 decimal places.) Urat product com RELA RI Reg 2 RA Preparatement for the year. As the company antion costing that 10.00 direct labor con 16 50 facturing overhead rachunt produced na to Bremen A Cinema RA Nog 4 ) Reg 1A Red 18 Red 2A Reg 28 Red 3A Reg 35 Reg 4 Rea as Reg 43 Reconcile the difference between the super-variable costing and variable conting net operating Incomes. Super cong net operang income osa) Variable costing net operating income) Req IA Req 1B Reg 2A Req 2B Req Req 3B Req 4A Reg Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Super-variable costing net operating income (loss) Absorption costing net operating income (loss)

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