Ida Sidha Karya Company is a family$-$owned company located in the village of Gianyar on the island of Bali in Indonesia.The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$850.$ Selected data for the company's operations last year follow:Units in beginning inventory$0$Units produced$250$Units sold$225$Units in ending inventory$25$Variable costs per unit:Direct materials$$100$Direct labor$$320$Variable manufacturing overhead$$40$Variable selling and administrative$$20$Fixed costs:Fixed manufacturing overhead $$60,000$Fixed selling and administrative$$20,000$The absorption costing income statement prepared by the company's accountant for last year appears as shown:Sales$$191,250$Cost of goods sold$157,500$Gross margin$33,750$Selling and administrative expense$24,500$Net operating income$$9,250$Required:$1.$ Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year?$2.$ Prepare an income statement for last year using variable costing. What is the amount of the difference in net operating income between the two costing methods?Ida Sidha Karya Company is a family$-$owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$850.$ Selected data for the company's operations last year follow:

$\backslash$table$[[$Units in beginning inventory,$],[$Units produced,$250],[$Units sold,$225],[$Units in ending inventory,$25],[$Variable costs per unit:,$],[$Direct materials,$100],[\backslash$table$[[$Direct labor$],[$Variable manufacturi$]],320],[$overhead$,40],[\backslash$table$[[$Variable selling and$],[$administrative$]],20],[$Fixed costs:,$],[\backslash$table$[[$Fixed manufacturing overhead$],[$Fixed selling and$]],$$$60,000$