17 Como Company's production for the year 400 Thisted and 20.600 unts were sold our detalow Vestes . Warto win 10 309, 31.00 1. The contreman esame in the current years in vous year. There were to work in process beginning or end of the year Required 1. What would be to mp company's the gods wventory on Decembar under arbecoming Yound intermediate calculations 2. Which conting to bron or votante contine would show higher operating come for the yea? 2-By weat Do not roundermediate calculations.) ne met De C 170 GW Easton Pump Company's planned production for the year just ended was 18,400 units. This production level was achieved, and 20,600 units were sold. Other data follow, Direct material used Direct labor incurred Pixed manufacturing overhead Variable manufacturing overhead Fixed selling and administrative expenses Variable selling and administrative expenses Finished-goods inventory, January 1 5552,000 285,200 386,400 196,880 307,280 91,080 3,100 units The cost per unit remained the same in the current year as in the previous year. There were no work-in-process inventories at the beginning or end of the year Required: 1. What would be Easton Pump Company's finished-goods Inventory cost on December 31 under the variable-costing method? (Do not round intermediate calculations.) 2-a. Which costing method, absorption or variable costing, would show a higher operating Income for the year? 2-b. By what amount? (Do not round intermediate calculations.) 1 Finished-goods inventory cost 2-a. Higher operating income method 2-b. Difference in reported income