Required information l.iTne following information applies to the questions displayed below. JI O'Brien Company manufactures and sells one product. The following information pertains to each of the company's rst three years of operations: Variable costs per unit: Manufacturing: Direct materials in 2? Direct labor $ 141 Variable manufacturing overhead in 4 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $548,899 Fixed selling and administrative expenses $188,899 During its first year of operations, O'Brien produced 100,000 units and sold 79,000 units. During its second year of operations, it produced 84,000 units and sold 100,000 units. In its third year, O'Brien produced 86,000 units and sold 81,000 units. The selling price of the company's product is $75 per unit. . Assume the company uses absorption costing and a FIFO inventory flow assumption (FIFO means rstin firstout. In other words, it ssumes that the oldest units in inventory are sold first): . Compute the unit product cost for Year 1. Year 2. and Year 3. . Prepare an income statement for Year 1, Year 2, and Year 3