Exercise 2) Stu's Electronics has the following information for the first three years of business 2019 2020 2021 Units sold 33,300 29,800 49,100 Units produced 77,500 10,900 33,300 Fixed production costs $5,580,000 $6,529,100 $7,409,250 Variable production costs per unit $ 275 $ 275 285 Variable selling & admin. costs per unit S 5 $ 5.50 $ 6.75 Selling price per unit $ 666 $ 696 $ 777 Fixed selling & administrative expense $2,000,000 $2,500,000 $2,300,000 Calculate income under both full costing and variable costing. What is the cost of ending inventory under full costing and under variable costing (assume FIFO)? Round to 2 decimal places when needed