Problem 4A-4 (Algo) Super-Variable Costing and Variable Costing Unit Product Costs and Income Statements (L04-2, L04-6] Ogilvy Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: $ 22 Variable cont per unit Direct materials Pixed costs per year! Direct labor Fixed manufacturing overhead Tixed selling and administrative expenses $910,000 $837.000 $236.000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Ogilvy produced 65,000 units and sold 65,000 units. During its second year of operations, it produced 65,000 units and sold 62,200 units. In its third year, Ogilvy produced 65,000 units and sold 67,800 units. The selling price of the company's product is $53 per unit. Required: 1. Assume the company uses super-variable costing: o. Compute the unit product cost for Year 1. Year 2 nd 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 $14 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. (Enter any losses or deductions as a negative value.) Complete this question by entering your answers in the tabs below