Walsh Company manufactures and sells one product The follwing information pertains to each of the company's first two years of operetions Vanable costs per unit Direct matenas Direct labor 15 $5 $2 Variable manutactunng cvernead Vanable selling and acministratve xed costs per year. Fixed manutactunng ovemead Fixed sellng and administrative expenses S 250,00D S 80,000 tist voar 50,000 un Duning its tirst ycar ot opcrations, Wash produoed its and sold 40,000 units. During its sccond yoar ot opcrations, it produced 40,000 units and sold 50,000 units. Thc selling prioc ot the companys product is 550 per unit Required: 1. Assume the cormpany uses variable costing a Compute the unit product cost for year 1 and year 2 Year 1 Year 2 Unt product cost 45