PLEASE ANSWER CORRECTLY AND QUICKLY, IF SO, I WILL LEAVE AN UPVOTE

Problem 6-23 (Algo) Absorption and Variable Costing; Production Constant, Sales Fluctuate [LO6-1, LO6-2, L06-3] Tami Tylet opened Tamis Creations, Incorporated, a small manufacturing compony, at the beginning of the yeas, 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. Tyer is discouraged over the loss shown for the quartec, particularly because she hoped to use the statement as sijpport for a bank loen. Another friend, a CPA, insiss the company should be using absorption costing rather than variable costing and ciaims if absorption costing had been vised, the company probably would have teported a profit for the quarter. At this point. Ms. Tyer makes only one product-a swimsuit. Production and cost date for the first quacter follow: During the second quarter of operations, the company again produced 31,700 units but sold 34,700 units. (Assume no chang in total fixed costs.) What is the company's varlable costing net operating income (loss) for the second quarter? Note: Round your intermediate calculations to 2 decimal places. Required: 1. Complete the following a. Compute the unit product cost under absorption costing. b. What is the company's absorption costing net operating income (loss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures 3. Ouring the second quarter of operations, the company egain produced 31700 urias but soid 34,700 units. (Assume no change in total foued costs) a. What is the company's variable costing net operating income (loss) for the second quarter? b. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcle the variable costing and absorption costing net operating incomes (losses) for the second quarter