ElectronPlus manufoctures and selis a unique electronic part. Operoting results for the first three years of activity were as foliows (obsorption costing basis): Sales dropped by 205 during year 2 due to the entry of several foreign competitors into the market. ElectronPlus had expected sales to remain constant et 48,000 units for the year, production was set at 58.000 units in order to build a butfer against unexpected spurts in demand. By the start of year 3 , menegement could see that spurts in demand were unlikely ond that the irtventory was excessive To work off the excessive inventories, ElectronPlus cut bock production during year 3 , as shown below: Additionel information obout the compeny follows: a. The compony's plont is hiohly outometed. Voriable monufocturina costs (direct materiols direct iabour, and variable manufocturing 2. Refer to the absorption costing income statements above. a. Compute the unit product cost in each year under absorption costing (Show how much of this cost is yoriable and how much is ficed) (Round your onswer to 2 decimat ploces.) b. Reconcile the variable costing and absorption costing operating income figures for each year (Losses and doductible amounts should be indicated by a minus sign. Do not leave ony empty spaces; input o 0 wherever it is required. Round your intermediate colculations to 2 decimals and round your final answer to the nenrest whole dollet.) ElectronPlus manufoctures and selis a unique electronic part. Operoting results for the first three years of activity were as foliows (obsorption costing basis): Sales dropped by 205 during year 2 due to the entry of several foreign competitors into the market. ElectronPlus had expected sales to remain constant et 48,000 units for the year, production was set at 58.000 units in order to build a butfer against unexpected spurts in demand. By the start of year 3 , menegement could see that spurts in demand were unlikely ond that the irtventory was excessive To work off the excessive inventories, ElectronPlus cut bock production during year 3 , as shown below: Additionel information obout the compeny follows: a. The compony's plont is hiohly outometed. Voriable monufocturina costs (direct materiols direct iabour, and variable manufocturing 2. Refer to the absorption costing income statements above. a. Compute the unit product cost in each year under absorption costing (Show how much of this cost is yoriable and how much is ficed) (Round your onswer to 2 decimat ploces.) b. Reconcile the variable costing and absorption costing operating income figures for each year (Losses and doductible amounts should be indicated by a minus sign. Do not leave ony empty spaces; input o 0 wherever it is required. Round your intermediate colculations to 2 decimals and round your final answer to the nenrest whole dollet.)