Hello Expert, kindly assist me with this Managerial accounting question and fill in the blank space. Thanks. Question 1. Spencer Electronics. Question 2. Skipper Pools.

Spencer Electronics produces a wireless home lighting device that allows consumers to turn on home lights from their cars and light a safe path into and through their homes. Information on the first three years of business is as follows: QUESTION 1. Calculate profit and the value of ending imventory for each year using full costing. (Round cost per unit to 2 decimal ploces, eg. 15.25 and final answers to 0 decimal places, eg. 125.) QUESTION 2. Calculate profit and the value of ending inventory for each year using variable costing. The following information is available for Skipper Pools, a manufacturer of above-ground swimming pool kits: In its first year of operation, the company produced 12,000 units but was able to sell only 10,000 units. In its second year, the company needed to get rid of excess inventory (the extra 2,000 units produced but not sold in 2020), so it cut back production to 8,000 units. Calculate profit for both years using full costing, (Round cost per unit to 2 decimal places, eg. 15.25 and final answers to 0 decimal places, e.8.125.) Calculate profit for both years using variable costing