Ida Sidha Karya Company is a family-owned company located 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 gamelans are sold for $990. Selected data for the company's operations last year follow 4.03 0 250 230 20 Units in beginning inventory Units produced Units sold Unita in ending inventory Variable costs per units Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed coats Fixed manufacturing overhead Fixed selling and administrative 145 365 40 25 S S $ ek $ 65,000 $ 29,000 + The absorption costing income statement prepared by the company's accountint for last year oppears below. fales Cost of goods sold Gross margin Selling and administrative expense Net operating Income 227,700 106300 41.400 34,750 5 6,650 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 not operating income between the two costing methods? Complete this question by entering your answers in the tabs below. Print Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? forences Fixed manufacturing overhead cont included in Inventory Reg 1 Red 2A 2:03:21 Prepare an income statement for last year using variable costing. Ida Sidha Karya Company Variable Costing Income Statement Book Hint Print oferences What is the amount of the difference in net operating income between the two costing methods? References Amount of the difference in net operating income