= The production costs and selling and administrative expenses, based on production of 25,000 units in May, are as follows: beginning and end of June is not expected to be significant (material). Required: 1. Prepare an estimated income statement in absorption costing form for June for solvent, assuming that production continues during the month. 2. Prepare an estimated income statement in variable costing form for June for solvent, assuming that production continues during the month. 3. What would be the estimated operating loss if the solvent production were temporarily suspended for June? 4. What advice should you give to management? 1. Prepare an estimated income statement in absorption costing form for June for solvent, assuming that production continues during the month. 2. Prepare an estimated income statement in variable costing form for June for solvent, assuming that production continues during the month. 3. What would be the estimated operating loss if the solvent production were temporarily suspended for June