Ida Sidha Karya Company is a family-owned company located on the island of Ball in Indonesia. The company produces a handcrafted Ballnese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $860. Selected data for the company's operations last year follow Units in beginning inventory Units produced Units sold 0 320 285 Units in ending inventory Variable costa per unit Direct materials 35 135 Direct labor 355 Variable manufagturing 30 overhead Variable selling and 15 administrative Fixed costs Fixed manufacturing overhead $64,000 Fixed selling and $27,000 administrative The absorption costing income statement prepared by the company's accountant for last year appears below: $245,100 205,200 Sales Cost of qoods sold Groas margin Selling and adminiatrative expense 39,900 31,275 8,625 Net operating income 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. Complete this question by entering your answers in the tabs below. Required Required 2. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? Fixed manufacturing overhead cost included in inventory Required 1 Required 2>