Required information The following information applies to the questions displayed below Dowell Company produces a single products income statements under absorption costing for its first two years of operation follow 11,012.000 $1,932,600 Sales (546 per unit) Cost of goods sold ($31 per unit) Gross margin Selling and administrative expenses Net Income 289.000 329,000 Additional Information a. Sales and production data for these first two years follow 2016 32.000 23,00 2017 33,00 42,00 b. Variable cost per unit and total red costs are unchanged during 2016 and 2017 The company's $31 per un product cost consists of the following Fixed overhead (32, 33,000 Total product cost per unit ita) c. Selling and administrative expenses consist of the following Tatal selling and administrative expenses two years underve i s amount Complete income statements for company for each of DOWELL Company Variable Costing income Statements