Fixed Manufacturing overhead

Fixed Selling and administrative expense

sales

Units in Beginning inventory

Units produced

Units Sold

Variable Cost of Goods Sold

variable selling and administrative expense

Ida 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 $880. Selected data for the company's operations last year follow: 3.07 points Skipped 246 40 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 115 335 eBook $ 35 Hint $ 63,00 $ 23,00 Print The absorption costing Income statement prepared by the company's accountant for last year appears below: References $ Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income 211,200 170,400 40,800 29,800 11,800 $ Required: 1. Under absorption costing, how much fixed manufacturing overhead cost Is Included in the company's Inventory at the end of last year? 2. Prepare an Income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare an income statement for last year using variable costing. Ida Sidha Karya Company Variable Costing Income Statement