Problem 6A-5 (Algo) Super-Variable Costing, Variable Costing, and Absorption Costing Income Statements (LO6-2, LO6-6) Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: $ 22 Variable cost per unit: Direct materials Fixed costs per year: Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $ 258,000 $ 328,950 $ 54,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 21,500 units and sold 20,300 units. The selling price of the company's product is $54 per unit. Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $12.00 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. Req 1A Req 1B Req 2A Req 2B Req Req 3B Req 4A. Compute the unit product cost for the year. Assume the company uses super-variable costing. Unit product cost Req 1A Req 1B Req 2A Req 2B Req Req 3B Req Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Costing Income Statement Fixed expenses: Compute the unit product cost for the year. Assume the company uses a variable costing system that assigns $12.00 of direct labor cost to each unit produced. (Round your answer to 2 decimal places.) Unit product cost Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $12.00 of direct labor cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Variable Costing Income Statement Fixed expenses