Problem 19-4AA (Algo) Converting variable costing Dowell Company produces a single product. Its income under variable costing for its first two years of operation follow. Variable Costing Incone Income Additional Information Year 1 $ 33,000 Year 21 $510,000 a. Sales and production data for these first two years follow. Units: Units produced Units sold Year 1 33,300 23,000 Year 21 33,300 43,600 b. The company's $38 per unit product cost (for both years) using absorption costing consists of the following. Direct materials Direct labor Variable overhead Fixed overhead ($330,000/33,000 units) Total product cost per unit Required: $7 11 10 10 $ 38 Prepare a statement to convert variable costing income to absorption costing income for both years. (Leave no cells blank - be certain to enter "O" wherever required.)