Hi pls help me. I need help with all steps. 1A and 2A I need to know the unit product cost

ABC Company manufactures and sells a single product. The following costs were Incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials 11 Direct labor 8 Variable manufacturing overhead Variable selling and administrative 1 Fixed costs per year: Fixed manufacturing overhead $420, 080 Fixed selling and administrative $330,000 During the year, the company produced 30,000 units and sold 25,000 units. The selling price of the company's product Is $54 per unit. Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an Income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b, Prepare an Income statement for the year. Complete this question by entering your answers in the tabs below. Req 14 Req 18 Req 24 Req 2B Prepare an income statement for the year. Assume that the company uses absorption costing Lynch Company Absorption Costing Income Statement Req 10 Reg 18 Reg 2A Req 28 Prepare an income statement for the year. Assume that the company uses variable costing Lynch Company Variable Costing Income Statement + $