Reconcile the variable and absorption costing net operating income (loss) figures. Note: Enter any losses or deductions as a negative value. During the second quarter of operations, the company again produced 31,900 units but sold 34,900 units. (Assume no change in total fixed costs.) What is the company's variable costing net operating income (loss) for the second quarter? Note: Round your intermediate calculations to 2 decimal places. Compute the unit product cost under absorption costing. Note: Round your answer to 2 decimal places. During the second quarter of operations, the company again produced 31,900 units but sold 34,900 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. What is the company's absorption costing net operating income (loss) for the quarter? Note: Round your intermediate calculations to 2 decimal places. During the second quarter of operations, the company again produced 31,900 units but sold 34,900 units. (Assume no change in total fixed costs.) Reconcile the variable costing and absorption costing net operating incomes (losses) for the second quarter. Note: Enter any losses or deductions as a negative value. Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler's personal finances. The following income statement for the first quarter was prepared 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 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 reported a profit for the quarter. At this point, Ms. Tyler makes only one product-a swimsuit. Production and cost data for the first quarter follow