Cost of Goods Manufactured (125,000 units) Variable Costs $ 4,500,000 Fixed Costs $ 3,000,000 $ 7,500,000 Ending Inventory -$ 1,500,000 COGS $ Gross Margin $ Selling and Admin Expenses Variable Fixed $ 6,000,000 2,000,000 650,000 $ Operating Income 1,000,000 1,650,000 350,000 $ $ The old manager for the Deck division left in early 2021. A new manager was hired in 2022. The new manager produced 90,000 units and sold 98,000 units in 2022. REQUIRED A) Calculate the operating income for 2022 using absorption costing. Use an income statement to show your work. B) Calculate the operating income for 2022 using variable costing. Do not use an income statement as part of your calculation.