Fin 303 Variable (Direct) costing vs Absorption costing -Chapter 8 Information from Hope Company's records for the year ended December 31, 2015 is available as follows: Hope had no work-in-process inventories at either the beginning or end of 2015. Required: What would be Hope's finished goods inventory cost under the variable (direct) costing method at December 31, 2015? What would Hope's operating income be under the absorption costing method