Exercise 6A-2 Super-Variable Costing and Variable Costing Unit Product Costs and Incom Statements [LO6-2. LO6-6] Lyons Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cost per unit Direct materials 15.00 Fixed costs per year. 840,000 Fixed manufacturing overhead 470,000 Fixed selling and administrative expenses 135.000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Lyons produced 70,000 units and sold 62,200 units. The selling price of the company's product is $42 per unit. Required: Assume the company uses super-variable costing: a Compute the unit product cost for the year. (Round your answer to 2 decimal places.) b Prepare an income statement for the year. Lyons Company Super-Variable Costing Income Statement