please do both parts

During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: Year 1 Year 2 Sales (0 $63 per unit) 5 1,071,000 $ 1,701,000 Cost of goods sold (0 $41 per unit) 697,000 1,107,000 Gross margin 374,000 594,000 Selling and administrative expenses* 303,000 333,000 Net operating income $ 71,000 $ 261,000 F:::::::::::: * $3 per unit variable; $252,000 xed each year. The company's $41 unit product cost is computed as follows: Direct materials $ 8 Direct labor 12 Variable manufacturing overhead 3 Fixed manufacturing overhead ($396,000 + 22,000 units) 18 Absorption costing unit product cost $ 41 [ Production and cost data for the first two years of operations are: Year 1 Year 2 Units produced 22,000 22,000 Units sold 17,000 27,000 ' Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the variable costing net operating income in Year 1 and in Year 2? (Loss amounts should be indicated with a minus sign.) Year 1 Year 2 Net operating income (loss)Required 1 Required 2 Required 3 Reconcile the absorption costing and the variable costing net operating income figures for each year. Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Year 1 Year 2 Variable costing net operating income (loss) Absorption costing net operating income