Ogilvy Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations 5 20 Variable coat pot unit: Droot mutorials Fixed coats per year! Direct labor Fixed manufacturing overhead Fixed selling and administrative exponen $1,330,000 032,000 265.000 The company does not incur any variable manufacturing overhead costs of variable selling and administrative expenses. During its first year of operations, Ogilvy produced 70.000 units and sold 70,000 units. During its second year of operations, it produced 70,000 units and sold 66,200 units. In its third year, Ogilvy produced 70,000 units and sold 73,800 units. The selling price of the company's product is $61 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 $19 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 3