PLEASE ANSWER ALL STEPS CORRECTLY! IF SO, I WILL LEAVE AN UPVOTE!

Iaml Tyler opened Tami's Creations, Incorporated, a small manufactuing compary, ot the beginning of the year. Getting the compony through its tirst quarter of operations placed a considerable strain on Ms. Tyler's personol finances. The following income statement for the first quarter was prepaced by a friend who just completed a course in managerial accounting at State University. Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she hoped to use the statement as support for a bank loan. Another filend, a CPA insists the company should be using absorption cosiling rather than yarinble costung and ciaims if absorption costing had been used, the company probably would have reported a proft for the quarter. At unis point, Ms. Tyler makes only one product-a swimsuit Production and cost data for the fint quarter follow 1. Complete the following: a. Compute the unit product cost under absorption costing. b. What is the company's absorption costing net operating income (loss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures. 3. During the second quarter of operations, the company again produced 31,700 units but sold 34,700 units (Assume no change in total foced costs.) a. What is the company's varlable costing net operating income (loss) for the second quarter? b. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes (osses) for the second quarter. Complete this question by entering your answers in the tabs below. Compute the unit product cost under absorption costing. Notei Round your answer to 2 decimal places. What is the company's absorption costing net operating income (loss) for the quarter? Note: Round your intermedlate calculations to 2 decimal places. Reconcile the variable and absorption costing net operating income (loss) figures. Note: Enter any losses or deductions as a negative value. Complete this question by entering your answers in the tabs below. During the second quarter of operations, the company again produced 31,700 units but sold 34,700 units. (Ass in total fixed costs.) What is the company's varlable costing net operating income (loss) for the second quarter Note: Round your intermediate calculations to 2 decimal places. Complete this question by entering your answers in the tabs below. During the second quarter of operations, the company again produced 31,700 units but sold 34,700 units. What is the company's absorption costing net operating income (loss) for the second quarter? Note: Round your intermediate calculations to 2 decimal places. During the second quarter of operations, the company again produced 31,700 units but sold 34,700 units. (Assume no change in total fixed costs.) Reconcile the varlable costing and absorption costing net operating incomes (losses) for the second quarter. Note: Enter any losses or deductions as a negative value