Ida Sidha Karya Company is a family-owned company located in the village of Glanyar 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 $990. Selected data for the company's operations last year follow Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: 248 225 15 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative $ 12e $ 338 $ 5e $ 25 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative s 72,e00 $ 27,ee0 The absorption costing income statement prepared by the company's accountant for last year appears below Sales Cost of goods sold Gross margin selling and administrative expense $ 222,750 18e,900 42,750 32,625