Dowell Company produces a single product. Its income under variable costing for its first two years of operation follow. Variable Costing Income Year 1 Year 2 Income $ 40,000 $ 580,000 Additional Information a. Sales and production data for these first two years follow. Units Year 1 Year 2 Units produced 41,000 41, 000 Units sold 30,000 52,000 b. The company's $34 per unit product cost (for both years) using absorption costing consists of the following. Direct materials $ 6 Direct labor 10 Variable overhead B Fixed overhead ($400,000/40,000 units) 10 Total product cost per unit $ 34 Required: Prepare a statement to convert variable costing income to absorption costing income for both years. (Leave no cells blank - be certain to enter "0" wherever required.)Required: Prepare a statement to convert variable costing income to absorption costing income for both years. {Leave no cells blank - be certain to enter "0" wherever required.) Variable costing income $ 40.000 $ 580.000 Absorption costing income