for the first i just need help with 2 & 3

During Heaton Company's first two years of operations, it reported absorption costing net operating Income as follows: Year 1 Year 2 sales ( $62 per unit) Cost of goods sold ( $37 per unit) Gross margin Selling and administrative expenses Net operating income $ 992,ee0 1,612,eee 962,ee 65e,eee 328,e00 $ 11e2,eee1 322,8ee 592,8ee 40e,eee 298,e00 $3 per unit variable: $250,000 fixed each year. The company's $37 unit product cost Is computed as follows: Direct materials Direct labor variable manufacturing overhead Fixed manufacturing overhead ($378,eee 21,eee units) Absorption costing unit product cost 18 S 37 Forty percent of fixed manufacturing overhead consists of wages and salaries; the remalnder consists of depreclation charg production equipment and buildings. Production and cost data for the first two years of operations are Units produced Units sold Year i Year 2 21,8e0 21,ee 16, 26,0ee Required 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. Required Required 2 Required 3 What is the variable costing net operating income in Year 1 and in Year 2? (Loss amounts should be indicated with a minus sign.) Year 1 Year 2 Net operating income (loss) Required 1 Required 2 Required 3 Reconcile the absorption costing and the variable costing net operating income figures for each yean Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Year 1 Year 2 Variable costing net operating income (loss) Add: Fixed manufacturing overhead cost deferred in inventory under absorption costing Less: Fixed manufacturing overhead cost released from inventory under absorption costing Absorption costing net operating income Vulcan Company's contribution format Income statement for June is as follows vulcan Company Income Statement For the Month Ended June 3e Sales variable expenses Contribution margin Fixed expenses Net operating income s 9e0,ee 400,00 0e,000 450,e00 $ 5e,eee Management is disappointed with the company's performance and is wondering what can be done to Improve profits. By examining sales and cost records, you have determined the following a. The company Is divided Into two sales territories-Northern and Southern. The Northern Territory recorded $400,000 In sales and $180,000 In varlable expenses during June; the remaining sales and variable expenses were recorded In the Southern Territory Fixed expenses of $200,000 and $115,000 are traceable to the Northern and Southern Territories, respectively. The rest of the fixec expenses are common to the two territories b. The company is the exclusive distributor for two products-Paks and Tibs. Sales of Paks and Tlbs totaled $170,000 and $230,000 respectively, in the Northern territory during June. Variable expenses are 22% of the selling price for Paks and 62% for Tibs. Cost records show that $71,400 of the Northern Territory's fixed expenses are traceable to Paks and $50,600 to Tibs, with the remainder common to the two products Requlred 1-a. Prepare contribution format segmented Income statements for the total company broken down between sales territories. 1-b. Prepare contribution format segmented Income statements for the Northern Territory broken down by product line Complete this question by entering your answers in the tabs below. Req 1A Req 1B Prepare contribution format segmented income statements for the Northern Territory broken down by product line. (Round the answers to one decimal place (i.e.1234 should be entered as 12.3).) Product Line Northern Territory Paks Tibs Amount Amount Amount 0.0 0.0 0.0 0.0 S 0.0 S 0.0 0.0