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* $3 per unit variable; $251,000 fixed each year. The company's $39 unit product cost is computed as follows: Production and cost data for the

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* $3 per unit variable; $251,000 fixed each year. The company's $39 unit product cost is computed as follows: Production and cost data 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. What is the variable costing net operating income in Year 1 and in Year 2? Note: Loss amounts should be indicated with a minus sign. econcile the absorption costing and the variable costing net operating income figures for each year. lote: Enter any losses or deductions as a negative value

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