Dowiera launchurahttps%253 8262Felearning uhedu%252Fwebapps%252Fportal 252F HW Chapter 70 Sve 6 Reunion Enterprises produces a video streaming device for homes. The company data for the first two years of operations follows: 16 66 points 22 2 04.2004 Variable costs per unit: Manufacturing Direct materials Direct labor Variable wanufacturing overhead Variable selling and administrative Fixed costs per yeart Fixed manufacturing overhead Fixed selling and administrative expenses $240,000 $ 10,000 eBook Print During its first year of operations, Reunion produced 50 000 units and sold 40,000 units. During its second year of operations. It produced 40,000 units and sold 50,000 units. The selling price of the company's product x 584 per unit Required: 1. Assume the company uses variable costing a. Compute the unit product cost for Year and Year 2 b. Prepare an income statement for Year 1 and Year 2 2. Assume the company uses absorption costing a. Compute the unit product cost for Year 1 and Year 2 Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable costing and absorption costing net operating income in Year! RE Complete this question by entering your answers in the tabs below. RGIA Fog 16 Red 2A Rega Asume the company uses variable costing Compute the unit product cost for years and year 2 Year 1 Year 2 Untito Hey18 > Required: 1. Assume the company uses variable costing a. Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable costing and absorption costing net operating income in Yel Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Red 2B Reg 3 Assume the company uses variable costing. Prepare an income statement for Year 1 and Year 2. Reunion Enterprises Income Statement Year 1 Year 2 Not operating Income (los)

Required: 1. Assume the company uses variable costing a Compute the unit product cost for Year 1 and Year 2. b Prepare an income statement for Year 1 and Year 2 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2. 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1 Complete this question by entering your answers in the tabs below. Req 1A Reg 16 Red 2A Reg 28 Req3 Reconcile the difference between variable conting and absorption costing net operating income in Year 1. (Enter any losses or deductions as a negative value. Round your intermediate calculations to 2 decimal places.) Year 1 Year 2 Variable costing net operating income (1985 Absorption costing net operating income (loss)