- $3 per unit variable; $250,000 fixed each year. The company's $38 unit product cost is computed as follows: Production and cost dato for the first two years of operations are: Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Using variable costing, what is the unit product cost for both years? Complete this question by entering your answers in the tabs below. What is the variable costing net operating income in Year 1 and in Year 2 ? (Loss amounts should be indicated with a - sign.) Complete this question by entering your answers in the tabs below. Reconcile the absorption costing and the variable costing net operating income figures for each year