Tilley Manufacturing Company produces one product, which sells for $100. Product costs at the normal level of manufacturing operations ( 100,000 units) are the following: During its first year of operations, Tilley produced 100,000 units and sold 90,000 units. Determine: 1. Gross profit using absorption costing. Note: Do not use negative signs with any answers. 2. Income from operations using variable costing. Note: Do not use negative signs with any answers. Contribution margin Cost of goods manufactured Cost of goods sold Gross profit Income from operations Less ending inventory Less fixed overhead costs Sales