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2. 1.25 polnts ida Sidha Karya Company is a family-owned company located in the village of Glanyar on the island of Bal in Indonesia. The
2. 1.25 polnts ida Sidha Karya Company is a family-owned company located in the village of Glanyar on the island of Bal in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $840. Selected data for the company's operations last year follow Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit 300 275 25 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative S 100 S 310 $ 30 $ 35 Fixed costs Fixed manufacturing overhead Fxed selling and administrative 66.000 31,000 The absorption costing income statement prepared by the company's accountant for last year appears below Sales Cost of goods sold $ 231,000 181,500 Gross margin Selling and administrative expense 49 500 0,625 Net operating income $ 8.875 Required: 1. beterme howuch of the ending inventory consts of fied manufaclturing ovdsdefered n cost defe inventory to the next period
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