I did the first requirement correctly, but need some help with the other requirements thanks

Tami Tyler opened Tami's Creations, Inc, a small manufacturing company, at the beginning of the year Getting the company through rs 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 has just completed a course in managerial accounting at State University Tani's Creations, Inc Income Statement For the Quarter Ended March 31 Sales (28,708 units) Variable expenses: S 1,148,8e Variable cost of goods sold Variable selling and administrative s 496,510 280,908 Contribution margin Fixed expensesz 458 590 Fixed manufacturing overhead Fixed selling and sdministrative 272,620 190,879 Net operating loss 512,900) Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she had planned to use the statement as support for bank loan. Another friend, a CPA insists that the company should be using absorption costing rather than variable costing an argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter. earch