Problem 19-1A (Algo) Varlable costing Income statement for two consecutlve years LO P2 Dowell Compony produces a single product. Its income statements under absorption costing for its first two yeers of operation follow. Additional Information a. Sales and production dats for these first two years follow. b. Veriable costs per unit and fixed costs per year are unchanged during these years. The compony's $44 per unit product cost using absorption costing consists of the following. c. Selling and administrative expenses consist of the following. Required: Prepare income statements for each of these two years under variable costing. (Loss amounts should be entered with a minus sign.)