why is this wrong?

Dowell Company produces a single product. Its income statements under absorption costing for its rst two years of operation follow. Income Statements [Absorption Costing) Year 1 Year 2 Sales ($53 per unit} $ 1,014,000 $ 3,533,000 Cost of goods sold ($48 per unit} 1,584,000 2,928,000 Gross profit 330,000 610,000 Selling and administrative expenses 223,000 251,000 Income 5 107,000 5 359,000 Addinbn a! l'nfonnaon a. Sales and production data for these rst two years follow. Units Yean 1 Year 2 Units produced 4T,000 $7,000 Units sold 33,000 61,000 b. Variable costs per unit and xed costs per year are unchanged during these years. The company's $48 per unit product cost using absorption costing consists of the following. Direct materials $ 1? Direct labor 1? Variable overhead 5 Fixed overhead ($423,000f47,000 units} 9 Total product cost per unit $ 43 c. Selling and administrative expenses consist of the following. selling and AdministrativeExp-enses 'Year 1 'Year'a Variable selling and administrative ($1 per unit sold} $ 33,000 S 61,000 Fixed selling and administrative 190,000 190,000 Total $ 223,000 $ 251,000 Required: Prepare income statements for each of these two years under variable costing. {Loss amounts should be entered with a minus Sign} nus'1'."- I'nl- Prepare income statemenis for each ofthese two years under variable costing. {Loss amounts should be entered with a minus sign.) 0 Answer is not complte. Sales $1,980,000 6 $3,000,0009 Less: Variable expenses Variable cost of goods sold Fixed selling and administrative expenses Fixed overhead Gros s prot 5,010,000 9 1,037,000 9 5,010,000 9 1,037,000 9 500,000 9 720,000 0 Less: Variable expenses Fixed overhead income {Loss} $ 607,006 0