Ida Sidha Karya Company is a family owned company located in the village of Glariyar on the island of Ball in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The game ansate sold for $950. Selected data for the company's operations last year follow 250 15 Units in beginning inventory Uniti produced its sold Units in eine Sventory Variable costs per unit Direct materials Direct labor Variable facturing overhead Varighelling and administrative Fixed costs Fixed sanufacturing ourhead and selling and ministrative 3 5 1 135 145 20 $ 65,000 $ 25,000 The absorption costing income statement prepared by the company's accountant for last year appears below Custo odio Grossmarin Selling and dinistrative spente Het aperating in $223,25 195 47.100 29 700 $ 12,00 Required 1 Undet 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? Complete this question by entering your answers in the tabs below. Hey A Reg 20 sation costino, how much fixed manufacturing overhead cost is included in the company's inventory at the end of yo Req2A > Regi Reg 2A Reg 2B Prepare an income statement for last year using variable costing. Ida Sidha Karya Company Variablo Costing Income Statement Sales Variable expenses Variable cost of goods sold Variable selling and administrative expenses 0 0 Contribution margin Fixod expenses Fixed manutacturing overhead Fixed selling and administrative expenses 0 Net operating income 0 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Ren 23 What is the amount of the difference in net operating income between the two costing methods? Amount of the difference Regi Reg 2 Reg 28 Prepare an income statement for last year using variable costing Ida Sidha Karya Company Variable Costing Income Statement Sales Variable expenses Variable cost of goods sold Variable selling and administrative expenses 0 0 Contribution margin xed expenses Fored manufactuning overhead Fond selling and administrative expenses 0 0 Net operating income 5 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 2B What is the amount of the difference in net operating income between the two costing methods? Amount of the difference in net operating income