7 e...\" W- we. on... w.\" NW... Direct material used $574,560 Direct labor incurred 283,500 Fixed manufacturing overhead 404,460 5_ Variable manufacturing overhead 206,010 90"\"5 Fixed selling and administrative expenses 340,200 Variable selling and administrative expenses 110,565 Finished-goods inventory, January 1 2,800 units eBook References 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 ofthe year. Required: 1. What would be Easton Pump Company's nished-goods inventory cost on December 31 under the variablecosting 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.) Finished-goods inventory cost $ 33,780 ariable costing 2-a. Higher operating income method 2-b. Difference in reported income % ( Prev 7 of 10 Find in page A v [1 Highlight All C] Match Case E) Match Diacritics E] Whole Words [\\l ext >