Ida company produces a handcrafted musical instrument called gamelan that is similar to a xylophone. The gamelans are sold for $$970.$ Selected data for the company's operation last year follow: Exercise $6-2($Algo$)$ Variable Costing Income Statement; Explanation of Difference in Net Operating Income $[$LO$6-2]$ Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold $\backslash (\backslash$$ $970\backslash ).$ Selected data for the company's operations last year follow: The absorption costing income statement prepared by the company's accountant for last year appears below:numam an inmomo etatoment for last vear using variable costing.