Case (Algo) [LO7-1, LO7-2] [The following information applies to the questions displayed below.] O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: During its first year of operations, O'Brien produced 91,000 units and sold 78,000 units. During its second year of operations, it produced 79,000 units and sold 87,000 units. In its third year, O'Brien produced 81,000 units and sold 76,000 units. The selling price of the company's product is $74 per unit. ase Part-1 (Algo) equired: Assume the company uses variable costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other words, it ssumes that the oldest units in inventory are sold first): Compute the unit product cost for Year 1, Year 2, and Year 3. Prebare an income statement for Year 1. Year 2. and Year 3