Problem 6-17 Variable and Absorption Costing Unit Product Costs and Income Statements [LO1, LO2] Nickelson Company manufactures and sells one product. The blowing information pertains to each of the company's first three years of operations: During its first year of operations Nickelson produced 100,000 units and sold 100,000 units. Dying its second year of operations it produced 115,000 units and sold 90,000 units. In its third year, Nickelson produced 80,000 units and sold 105,000 units. The selling price of the company's product is $58 per unit. 1. Compute the company's break-even point in units sold. Break-even unit sales units 2. Assume the company uses variable costing: a. Compute the unit product cost for year 1, year 2, and year 3. (Omit the ''$'' sign in your response.) Unit product cost Year 1 $ Year 2 $ Year 3 $ b. Prepare an income statement for year 1 , year 2, and year 3. Assume the company uses absorption costing: a. Compute the unit product cost for year 1, year 2, and year 3. (Round your intermediate and final answers to 2 decimal places. Omit the ''$'' sign in your response.) Unit product cost Year 1 $ Year 2 $ Year 3 $ b. Prepare an income statement for year 1 , year 2, and year 3