Chapter 19 Algorithmic Problem Sore Help Save & Exit You skipped this question in the previous attempt Check 1 1 Part 1 of 2 Required information [The following information applies to the questions displayed below! Dowell Company produces a single product. Its Income statements under absorption costing for its first two years af operation follow 10 Balne (140 Ft coat of good old 1833 per unit) Ce margin Selling and intrative penses 2010 2015 01.056,00 19,016,000 726,000 32,000 330,000 60,000 289.000 329,000 41,00 $300,000 Additional information # Sales and production data for the first two years follow Units produced United 13.000.000 2.000.000 . Variable cost per unit and total fled costs are unchanged during 2018 and 2019. The companys 33 per un product cost consists of the following Dan Chapter 19 Algorithmic Problem Saved You skipped this question in the previous attempt. 1 a. Sales and production data for these first two years follow. Part 1 of 2 Units produced Units sold 2018 2019 32,000 32,000 22,000 42,000 10 points b. Variable cost per unit and total fixed costs are unchanged during 2018 and 2019. The company's $33 per unit produc cost consists of the following. eBook SS Direct materials Direct labor Variable overhead Tixed overhead (5320,000/32,000 units) Total product cost per unit 10 10 33 References c. Selling and administrative expenses consist of the following Variable selling and administrative expenses (52 per unit) Fixed selling and administrative expenses Total selling and administrative expenses 2018 2019 $44.000 84.000 245,000 245.000 $209,000 $329.000 1. Prepare income statements for the company for each of its first two years under variable costing. (Loss amounts should be onte with a minus sign.) Chapter 19 Algorithmic Problem Seved Help You skipped this question in the previous attempt. 1 1 1. Prepare income statements for the company for each of its first two years under variable costing. (Loss amounts should be entered with a minus sign.) Part 1 of 2 DOWELL Company Variable Costing Income Statement 2018 10 2019 References Net Income