Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the beginning of the year. 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 frlend who has just completed a course in managerlal accounting at State University. Ms. Tyler is discouraged over the loss shown for the quarter, particularly because she had planned to use the statement as support for a bank loan. Another frlend, a CPA. Insists that the company should be using absorption costing rather than varlable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter. At this poin? Ms. Tyler is manufacturing only one product-a swimsuit production and cost data relating to the swimsult for the first quarter follow: 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. During the second quarter of operations, the company again produced 31,500 units but sold 34,500 units. (Assume no change in total fixed costs.) a. What is the company's varlable 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. Reconclle the varlable costing and absorption costing net operating incomes (losses) for the second quarter. Complete this question by entering your answers in the tabs below. 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. Reconclle the varlable and absorption costing net operating Income (loss) figures. 3. During the second quarter of operations, the company again produced 31,500 units but sold 34,500 total fixed costs.) a. What is the company's varlable 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. Reconclle the variable costing and absorption costing net operating Ircomes (losses) for the second Complete this question by entering your answers in the tabs below. What is the company's absorption costing net operating income (loss) for the quarter? Note: Round your intermediate calculations to 2 decimal places. 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 varlable and absorption costing net operating income (loss) figures. 3. During the second quarter of operations, the company again produced 31,500 units but sold 34,500 total fixed costs.) a. What th the company's varlable.

1. Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the
beginning of the year. 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 frlend who has just completed a course in managerlal accounting
at State University. Ms. Tyler is discouraged over the loss shown for the quarter, particularly
because she had planned to use the statement as support for a bank loan. Another frlend, a CPA.
Insists that the company should be using absorption costing rather than varlable costing and
argues that if absorption costing had been used the company probably would have reported at
least some profit for the quarter. At this poin? Ms. Tyler is manufacturing only one product-a
swimsuit production and cost data relating to the swimsult for the first quarter follow: 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. During the second quarter
of operations, the company again produced 31,500 units but sold 34,500 units. (Assume no
change in total fixed costs.) a. What is the company's varlable 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. Reconclle the varlable costing and absorption costing net
operating incomes (losses) for the second quarter. Complete this question by entering your
answers in the tabs below. 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. Reconclle the
varlable and absorption costing net operating Income (loss) figures. 3. During the second quarter
of operations, the company again produced 31,500 units but sold 34,500 total fixed costs.) a.
What is the company's varlable 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.
Reconclle the variable costing and absorption costing net operating Ircomes (losses) for the
second Complete this question by entering your answers in the tabs below. What is the
company's absorption costing net operating income (loss) for the quarter? Note: Round your
intermediate calculations to 2 decimal places. 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 varlable and absorption costing net operating
income (loss) figures. 3. During the second quarter of operations, the company again produced
31,500 units but sold 34,500 total fixed costs.) a. What th the company's varlable costing net
oferating Income (Ioss) for the second quarter? b. What is the company's absorption costing net
operating Income (loss) for the second quarter? c. Reconcile the variable costing and absorption
costing net operating Incomes (losses) for the seco Complete this question by entering your
answers in the tabs below. Reconcile the variable and absorption costing net operating income
(loss) figures. Note: Losses and deductions should be entered as a negative. Complete this
question by entering your answers in the tabs below. During the second quarter of operations, the
company again produced 31,500 units but sold 34,500 units. (Assume no change in total fixed
costs.) What is the company's variable costing net operating income (loss) for the second
quarter? Note: Round your intermediate calculations to 2 decimal places. b. What is the
company's absorption costing net operating Income (loss) for the second quarter? c. Reconcile
the varlable costing and absorption costing net operating Incomes (losses) for the second quarter.
Complete this question by entering your answers in the tabs below. During the second quarter of
operations, the company again produced 31,500 units but sold 34,500 units. (Assume no chat in
total fixed costs.) What is the company's absorption costing net operating income (loss) for the

2. second quarter? Note: Round your intermediate calculations to 2 decimal places. Complete this
question by entering your answers in the tabs below. During the second quarter of operations, the
company again produced 31,500 units but sold 34,500 units. (Assume no change in total fixed
costs.) Reconcile the variable costing and absorption costing net operating incomes (losses) for
the second quarter. Note: Losses and deductions should be entered as a negative.