During its first year of operations, Pinot 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, Pinot produced 40,000 units and sold 65,000 units. The selling price of the company's product is $60 per unit. See the last slide in the Ch. 6 Power Point for cost details Required: 1. Compute the company's break-even point in units sold Break-even unit sales units 2. Using Variable costing, compute the unit product cost for year 1 , year 2 , and year 3. 3. Prepare Variable Costing income statement for Year 1,2 and 3. 4. Now assume the company uses absorption costing. Compute the unit product cost for year 1 , year 2 and year 3. Year 1 Year 2 Unit Product Cost 5. Prepare Absorption Costing income statement for Year 1,2 and 3. Briefly explain below the difference between the two different types of Income Statements. How does units enoutued and units sold make a difference in either one? During its first year of operations, Pinot 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 it's third year, Pinot produced 40,000 units and sold 65,000 units. The selling price of the company's product is $60 per unit