During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: - $3 per unit variable; $254,000 fixed each year. The company's $36 unit product cost is computed as follows: Production and cost data for the first two years of operations are: Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year. Using variable costing, what is the unit product cost for both years? What is the variable costing net operating income in Year 1 and in Year 2 ? (Loss amounts should be indic sign.) Reconcile the absorption costing and the variable costing net operating income figures for each year. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes } \\ \hline Variable costing net operating income (loss) & Year 1 \\ \hline & Yber 2 \\ \hline \end{tabular}