da Sidha Karya Company is a family owned company located on the island of Ball in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $990. Selected data for the company's operations last year follow: 0 240 225 15 Units in beginning inventory Units produced Units sold Unita in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costat Fixed manufacturing overhead Fixed selling and administrative $ $ $ 5 120 330 50 25 $ 72,000 $ 27,000 the absorption costing income statement prepared by the company's accountant for last year appears below: Sales cost of goods sold Gross margin Selling and administrative expense Net operating income $ 222,750 180,000 42,750 32,625 $ 10,125 equired: Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last ar? Prepare an income statement for last year using variable costing. What is the amount of the difference in net operating income -tween the two costing methods? Complete this question by entering your answers in the tabs below