of 4 Required information (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 je 17 Variable costs per unit: Manufacturing Direct materials Direct labor Variable sanufacturing overhead Variable selling and administrative Fixed Manufacturing overhead Fixed selling and administrative expenses 5510,000 3100,000 During its first year of operations. O'Brien produced 99.000 units and sold 75,000 units. During its second year of operations, it produced 70.000 units and sold 95,000 units in its third year O'Brien produced 86.000 unts and sold 81000 AS The selling price of the company's product is $78 per un 2. Assume the company uses absorption costing and a FIFO inventory now assumpton (FIFO means first in first out in other words, assumes that the oldes units invertory are sold first .: Compute the unit product cost for Yeart Year 2 nd Year 3 b. Prepare an income stoment for Year 1 Year 2, and Year 3 Complete this question by entering your answers in the tabs below Complete this question by entering your answers in the tabs below. Req Req 3B Compute the unit product cost for Year 1, Year 2, and Year 3. (Round your intermediate calculations and final answers to 2 decimal places.) Unit Product Cost Year 1 Year 2 Year 3 Reg 3A Reg 3B 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 Income Statement Year 1 Year 2 Year 3