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*** PLEASE ANSWER EVERY PART OF THIS QUESTION*** thank you!!! Tami Tyler opened Tami's Creations, Incorporated, a smali manufacturing compary, at the beginning of the

*** PLEASE ANSWER EVERY PART OF THIS QUESTION*** thank you!!!
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Tami Tyler opened Tami's Creations, Incorporated, a smali manufacturing compary, at the beginning of the yeer Getwing tie compary the first quarter was prepared by a friend who just completed a course in managerial accounting ot State Unlversity Ms. Tyler is discouraged over the loss shown for the quartet, particularly because she hoped to use the statement as support for a bank loan. Another friend, a CPA, insists the company should be using absorption costing rather than variable costing and claims if absorption costing had been used, the company probably would have reportad a profit for the cuarter. At this point, Ms. Tyler makes only one product-a swimsuit. Production and cost dota for the first quarter follow: Required: 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 quorter of operations, the company again produced 31,800 units but sold 34,800 units. (Assume no change in total fixed costs) a. What is the company's variable 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 quartet

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