just need help with 1-B and 3

Exercise 69 (Static) Variable and Absorption Costing Unit Product Costs and Income Statements [LO6-1, LO6-2, LO6-3] Walsh Company manufoctures and sells one product. The following information pertains to each of the company's first two years of operations: During its rirst yeor of operations, Wolsh produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50.000 units. The selling price of the company's product is $60 per unit. Required: 1. Assume the company uses varibble costing: a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income stotement for Year 1 and Year 2. 2. Assume the company uses absorption costing: a. Compute the unit product cost for Year 1 and Year 2 . b. Prepare an income statement for Year 1 and Year 2 . 3. Reconcile the differenco between variable costing and absorption costing net operating income in Yeac 1 . Complete this question by entering your answers in the tabs below. Assume the company uses variable costing. Prepare an income statement for Year 1 and Year 2. Complete this question by entering your answers in the tabs below. Reconcile the difference between variable costing and absorption costing net operating income in Year 1 . (Enter any losses deductions as a negative value.)