Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow.

Dowell Company produces a single product its income statements under absorption costing for its first two years of operation foliow. Additional Informution a. Sales and production data for these first two years follow. b. Vartable costs per unit and fixed costs per year are unchanged during these years. The company's $46 per unit product cost using absorpton costing consists of the following. c. Selling and administrative expenses consist of the followng. Answer is complete but not entirely correct