i only need required 2 and 3 for this question.

then for this problem i only need required 2 and 3 as well. thanks !

During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: Sales (@ $63 per unit) Cost of goods sold (@$31 per unit) Gross margin Selling and administrative expenses Net operating income Year 1 Year 2 $ 945,000 $1,575,000 465,000 775,000 480,000 800,000 292,000 322,000 $ 188,000 $ 478,000 *$3 per unit variable: $247,000 fixed each year. The company's $31 unit product cost is computed as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($280,000 + 20,000 units) Absorption costing unit product cost Production and cost data for the first two years of operations are: $ 5 8 4 14 $ 31 Units produced Units sold Year 1 28, eee 15,800 Year 2 2e,eee 25,000 Variable manufacturing overhead Fixed manufacturing overhead ($280,000 + 20,000 units) Absorption costing unit product cost 4 14 $ 31 Production and cost data for the first two years of operations are: Units produced Units sold Year 1 2 , 15 , Year 2 2 , 25,000 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. Denton Company manufactures and sells a single product Cost data for the product are given Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative Total fixed cost per month $3 11 4 3 $ 21 $ 75,000 169,800 $ 244,00 The product sells for $55 per unit. Production and sales data for July and August, the first two months of operations, follow: Units Produced 15,88 15.ee Units Sold 11,800 19, eee July August The company's Accounting Department has prepared the following absorption costing income statements for July and August Sales Cost of goods sold Gross margin July August $ 605,000 5 1,045,000 253,000 437,000 352, eee 688,000 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. Reconcile the variable costing and absorption costing net operating incomes