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help needed plz O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations Variable

help needed plz
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O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations Variable costs per unit: Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and adsinistrative Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative expenses 3560.ee $150,eas During its first year of operations, O'Brien produced 96.000 units and sold 80,000 units. During its second year of operations, it produced 76.000 units and sold 87,000 units. In its third year, O'Brien produced 83,000 units and sold 78.000 units. The selling price of the company's product is $80 per unit 4. Assume the company uses absorption costing and a LIFO invertory flow assumption LIFO means last-in first-out. In other words, assumes that the newest units in Inventory are sold first) a Compute the unit product cost for Year 1 Year 2 and Year 3 b. Prepare an income statement for Year 1 Year 2 and Year 3 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 4A Req 48 Prepare an income statement for Year 1 Year 2. and Year 3. (Round your intermediate calculations to 2 decimal places, O'Brien Company Absorption Costing Incomestament Yes Year 2 Sales $ 0.400.000 600.000 Cost of goods sold 4.148.400 Gross margin 2.253.500 6.000.000 Selling and dative expenses 300.000 5 411.000 Net operating income s 186500 16.549 000 Year 3 6 240.000 DOO 6.240.000 5 850 000

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