G 8 3 A ezto.mheducation.com Content - 2021SU-13695-ACCT2302-Pri... Course Content - 2021SU-13695-ACCT2302-Pri. Content - 2021SU-18678-ECON2305-Macroec. Question Saved HW Chapter 7 i 6 Reunion Enterprises produces a video streaming device for homes. The company data for the first two years of operations follows: 16.66 Variable costs per unit: points Manufacturing: Direct materials Direct labor 14 Variable manufacturing overhead Variable selling and administrative Book Fixed costs per year: Fixed manufacturing overhead $240, 000 Fixed selling and administrative expenses $ 90,000 Hint During its first year of operations, Reunion produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50,000 units. The selling price of the company's product is $86 per unit. Print Required: 1. Assume the company uses variable costing: a. Compute the unit product cost for Year 1 and Year 2. References b. Prepare an income statement for Year 1 and Year 2. 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2. 3. Reconcile the difference between variable costing and absorption costing net operating income In Year 1. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req s Assume the company uses variable costing. Compute the unit product cost for year 1 and year 2. Year 1 Year 2 Unit product cost Reg 1/ Req 18 >