Ogilvy Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: 31 Variable cost per unit: Direct materials Fixed costs per year i Direct labor Fixed manufacturing overhead Pixed selling and administrative expenses $1,800,000 $ 850,000 $ 296,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Ogilvy produced 75,000 units and sold 75,000 units. During its second year of operations, it produced 75.000 units and sold 70.200 units. In its third year, Ogilvy produced 75,000 units and sold 79,800 units. The selling price of the company's product is $71 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 $24 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 12 and 3. (Enter any losses or deductions as a negative value.) 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 $24 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. (Ent any losses or deductions as a negative value.) Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 28 Reg 3 Compute the unit product cost for Year 1. Year 2, and Year 3. Assume the company uses super-variable costing. Unit Product Cost Year 1 Year 2 Year 3 Req 18 any losses or deductions as a negative value.) Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Reg 28 Reg 3 Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses super-variable costing. Ogilvy Company Super-Variablo Costing Income Statoment Year 1 Year 2 Year 3 Fixed expenses: Total fixed expenses Net operating incomeclosa b. Prepare an income statement for Year 1 Year 2. and Year 3. 2. Assume the company uses a variable costing system that assigns $24 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 any losses or deductions as a negative value.) Complete this question by entering your answers in the tabs below. Reg 1A Req 1B Reg 2A Req 28 Req3 Compute the unit product cost for Year 1, Year 2, and Year 3. Assume the company uses a variable costing system that assigns $24 of direct labor cost to each unit produced. Unit Product Cost Year 1 Year 2 Year 3 Reg 1B Req 28 > any losses or deductions as a negative value.) Complete this question by entering your answers in the tabs below Reg 1A Reg 1B Reg 2A Req 28 Reg 3 Prepare an income statement for Year 1, Year 2, and Year 3. Assume the company uses a variable casting system that assigns $24 of direct labor cost to each unit produced. Ogilvy Company Variable Costing Income Stayment Year 1 Year 2 Year 3 Fixed expenses: Totalfixed expenses Net operating income (loss) Req2A Rog 3 > Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 2B Req3 Reconcile the difference between the super-variable costing and variable costing net operating incomes in Years 1, 2, and 3. (Enter any losses or deductions as a negative value.) Year 1 Year 2 Year a Super-variable conting net operating income (ons) Variable costing net operating income (loss)