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Ogilvy Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: The company does not

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Ogilvy Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Ogilvy produced 71,000 units and sold 71,000 units. During its second year of operations, it produced 71,000 units and sold 67,000 units. In its third year, Ogilvy produced 71,000 units and sold 75,000 units. The selling price of the company's product is $63 per unit. Required: 1. Assume the company uses super-variable costing: 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. 2. Assume the company uses a variable costing system that assigns $20 of direct labor cost to each unit produced: 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. 3. Reconcile the difference between the super-variable costing and variable costing net operating incomes in Years 1 , 2, and Complete this question by entering your answers in the tabs below. Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses super-variable costing. Req 1A Req 1B Req 2A Req 2B Req 3 Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses super-variable costing. Compute the unit product cost for Year 1 , Year 2, and Year 3. Assume the company uses a variable costing system that assigns $20 of direct labor cost to each unit produced. Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses a variable costing system that assigns $20 of direct labor cost to each unit produced. Reconcile the difference between the super-variable costing and variable costing net operating incomes in Years 1 , 2 , and 3. \begin{tabular}{|l|c|c|c|c|c|} \hline & & Year 1 & & Year 2 & \\ \hline & Year 3 & & & \\ \hline \hline \end{tabular}

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