Dowell Company produces a shate procucc its income statements under absorption costing for its first two years of operation follow. Additional Informetion o. Sales and production data for these first two years foilow Required: piepore ncome statements for each of these twp years under variable costing (Loss amounts thould be entered with a minus sign.) c. Selling and administrative expenses consist of the following Required: Prepare income statements for each of these two years under variable costing: (Loss amounts should be entered with o minus sign.) c. Selling and administrative expenses consist of the following Required: Prepare income statements for each of these two years under varlable costing. (Loss amounts should be entered with a minus sign.) Dowell Company produces a single product, its income statements under absorption costing for its first two years of operation follow. Additional informetion 0. Sales and production data for these first two years follow. b. Variable costs per unit ant fixed costs per year ate unchanged duting these years. The companys 536 per unit product cont wing absorption costinc constses of the fotiowing c. Seling and administrative expenseri consist of the following