1.	Complete the following:

a.	Compute the unit product cost under absorption costing. (Round your intermediate and final answers to 2 decimal places.)

b.	Redo the companys income statement for the quarter using absorption costing. (Round your intermediate calculations to 2 decimal places.)

c.	Reconcile the variable and absorption costing net operating income (loss) figures. (Round your intermediate calculations to 2 decimal places.)

3.	During the second quarter of operations, the company again produced 27,000 units but sold 30,000 units. (Assume no change in total fixed costs.)

a.	Prepare a contribution format income statement for the quarter using variable costing. (Round your intermediate calculations to 2 decimal places.)

b.	Prepare an income statement for the quarter using absorption costing. (Round your intermediate calculations to 2 decimal places.)

c.	Reconcile the variable costing and absorption costing net operating incomes. (Round your intermediate calculations to 2 decimal places.)