Income Statements under Absorption Costing and Variable Costing controller has assembled the following pertinent data: Smooth Skin Care Products Inc. Income Statement-Aloe Vera Hand Lotion For the Month Ended October 31 The production costs and selling and administrative expenses, based on production of 400,000 units in october, are as follows: 1. Prepare an estimated income statement in absorption costing form for November for aloe veria hand lotion, assuming that production continues during the month. Smooth Skin Care Products Inc. Estimated Income Statement-Absorption Costing- 2. Prepare an estimated income statement in variable costing form for November for aloe vera hand lotion, assuming that production continues during the month. Smooth Skin Care Products Inc. Estimated Income Statement-Variable Costing 2. Prepare an estimated income statement in variable costing form for November for aloe vera hand fotion, assuming that production continues during the month. Smooth Skin Care Products Inc. Estimated Income Statement-Variable Costing - Aloe Vera Hand Lotion 3. What would be the estimated loss in income from operations if the aloe vera hand lotion production were temporarily suspended for November? 4. What advice should the controller give to management? Production of A.V. Iotion should be Temporary suspension of production would result in an operating los of compared with an operating loss of if production is continued. The result would be a savings of