Question: please help! I am not sure about my work. Dowell Company produces a single product. its income statements under absorption costing for its first two

Dowell Company produces a single product. its income statements under absorption costing for its first two years of operation follow. Additional information a. Saies and production data for these first two years foliow. b. Variable cosis per unit and fixed costs per year are unchanged during these years. The company's $44 per unit product cost using absorption costing consists of the following. c. Selling and odministrativo expenses consist of the following: c. Selling and administrative expenses consist of the following. Required: Prepare income statements for each of these two years under variable costing: (Loss amounts should be entered with a minus sign.)
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