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Help pls! During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: -$3 per unit variable; $255,000 fixed

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During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: -\$3 per unit variable; $255,000 fixed each year. The company's $38 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. Complete this question by entering your answers in the tabs below. What is the variable costing net operating income in Year 1 and in Year 2 ? (Loss amounts should be indicated with at minus Denton Company manufactures and sells a single product. Cost data for the product are given: The product selis for $52 per uniz. Production and sales data for July and August, the first two months of operations, follow. The company's Accounting Department has prepared the following absorption costing income statements for July and Augu Required: 1. Determine the unit product cost under: a. Absorption costing. b. Variable costing. 2. Prepare variable costing income statements for July and August. 3. Reconclie the variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Prepare variable costing income stater Required 3 , and August

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