Ida Company produces a handcrafied musical instrument called a gamelan that is simtllar to a xylophone. The gamelaprs are sold for $890. Selected data for the company's operations last year follow The absorptan costing income statement prepared by the company's accountont for last year appears below Required: 1. Under absorption costing. how much fived manufacturing overthead cost is included in the companys inventory. of the end of last year? 2. Prepare an income istatement for last year uting varable costing Complete this question by entering vour answers in the tabs below. last yearn