Dowell Company produces a single product. Its income under variable costing for its first two years of operation follow. Variable Costing Income Income Year 1 $ 33,000 Year 2 $ 510,000 Additional Information a. Sales and production data for these first two years follow. Units Units produced Units sold Year 1 33,300 23,000 Year 2 33,300 43,600 b. The company's $38 per unit product cost (for both years) using absorption costing consists of the following. Direct materials Direct labor Variable overhead Fixed overhead ($330,000/33,000 units) Total product cost per unit $ 7 11 10 10 $ 3: 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.) Dowell Company Convert Variable Costing Income to Absorption Costing Income Year 1 Year 2 Variable costing income $ 33,000 $ 510,000 Absorption costing income