Skinny Dippers inc. produces nonfat frozen yogurt. The product is sold in ten-gallon containers, which have the following price and variable costs. Budgeted fixed overhead in 20x, the company's first year of operations; was $390,000. Actual production was 130,000 ten-gollon containers, of which 123,500 were sold. Skinny Dippers inc. incurred the following selling and administrotive expenses. Required: 1. Compute the product cost per container of frazen yogurt under (a) variable costing end (b) absorption costing 2.a. Prepare an operating income statement for 20x ising absorption costing 2-b. Prepare an operating income statement for 201 using variable costing: 3. Reconcle the operating income reponted under the fwo methods by listing the two key places where the income statements diffec. 4. Reconcle the operating income reported under the two methods using the shortcut method. Complete this question by entering your answers in the tabs below