What is the variable costing net operating income in Year 1 and in Year 2? Note: Loss amounts should be indicated with a minus sign. cconcile the absorption costing and the variable costing net operating income figures for each year. ote: Enter any losses or deductions as a negative value. During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: - \$3 per unit variable; $252,000 fixed each year. The company's $37 unit product cost is computed as follows: Production and cost data for the first two years of operations are: Required: 1. Using variable costing. What is the unit product cost for both years? 2. What is the varioble costing net operating income in Year 1 and in Year 2 ? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year