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1 . Determine the inventoriable cost for Variable costing and Absorption Costing! 2 . Determine the unit of ending inventory each year ( 2 0

1. Determine the inventoriable cost for Variable costing and Absorption Costing!2. Determine the unit of ending inventory each year (2023 and 2024)!3. Determine the unit sales for each year!4. What is the impact for value of beginning inventory if we use FIFO? Explain briefly!5. Prepare income statement based on variable costing for 2023 and 20246. Explain briefly the difference between variable costing and absorption costing! Determinewhich costing that could be riskier for fraud potential!7. Prepare a numerical reconciliation and explanation of the difference between operatingincome under absorption costing and variable costing.

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