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 Part 2 of 4 25 points 30 $ $ Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative expenses 4 2 Book $510.000 $180,000 P During its first year of operations, O'Brien produced 99,000 units and sold 75,000 units. During its second year of operations, produced 76,000 units and sold 95.000 units. In its third year, O'Brien produced 86,000 units and sold 81000 units. The selling price of the company's product is $78 per unit Pales 2. Assume the company uses variable costing and a LIFO inventory flow assumption (UFO means tast in first-out. In other words.it assumes that the newest units in Inventory are sold first Compute the unit product cost for Year 1 Year 2. and Year 3 d. Prepare an income statement for Year 1 Year 2, and Year 3 Complete this question by entering your answers in the tabs below Req 2 Req 2B Compute the unit product cost for Year 1, Year 2, and Year 3. S Unit Product Cost Year 1 Year 2 Year 3 Prepare an income statement for Year 1, Year 2, and Year 3. O'Brien Company Variable Costing Income Statement Year 1 Year 2 Year 3 Variable expenses: + Total variable expenses nces Fixed expenses: Total fixed expenses