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Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The garielans are sold for. $910. Seiected data for

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Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The garielans are sold for. $910. Seiected data for the company's operations last year follow The absorption costing income statement prepared by the companys accountant for last year appears below: Required: 1. Under absorpoon costing. how much fored manufacturing overheod costis included in the companys inventory at the end of fast year? 2. Prepare an income statement for last year using veriable costing

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