three years of operations: Part 2 of 2 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 ta ta ta ta 28.57 points $600,000 $200,000 eBook References During its first year of operations, O'Brien produced 100,000 units and sold 76,000 units. During its second year of operations, it produced 80,000 units and sold 99,000 units. In its third year, O'Brien produced 84,000 units and sold 79,000 units. The selling price of the company's product is $71 per unit. 2. Assume the company uses variable costing and a LIFO inventory flow assumption (LIFO means last-in first-out. In other words, it assumes that the newest units in inventory are sold first): 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. Complete this question by entering your answers in the tabs below. Req 2A Req 2B Compute the unit product cost for Year 1, Year 2, and Year 3. Fixed manufacturing overhead Fixed selling and administrative expenses $600,000 $200,000 Part 2 of 2 During its first year of operations, O'Brien produced 100,000 units and sold 76,000 units. During its second year of operations, it produced 80,000 units and sold 99,000 units. In its third year, O'Brien produced 84,000 units and sold 79,000 units. The selling price of the company's product is $71 per unit. 28.57 points 2. Assume the company uses variable costing and a LIFO inventory flow assumption (LIFO means last-in first-out. In other words, it assumes that the newest units in inventory are sold first): 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. eBook References Complete this question by entering your answers in the tabs below. Req 2A Req 2B Compute the unit product cost for Year 1, Year 2, and Year 3. Unit Product Cost Year 1 Year 2 Year 3 This is a numeric cell, Req 2A Req 2B> Required information ricpuic UIT HILUIHIC OLULITICIL TUI ICUI 1, ICUI L, Ulu Cui . art 2 of 2 O'Brien Company Variable Costing Income Statement Year 1 Year 2 Year 3 -57 nts Variable expenses: eBook eferences Total variable expenses 0 0 Fixed expenses Total fixed expenses 0 0 $ 0 $ 0 $