Ida Sidha Karya Company is a family-owned company located 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: 0 250 230 20 ed Unita in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costat Pixed manufacturing overhead Fixed welling and administrative $ $ $ $ 145 365 40 25 ok $ 65,000 $ 29,000 The absorption costing income statement prepared by the company's accountant for last year appears below: rint erences Sales Cost of goods sold Croan margin Selling and administrative expense Het operating income $ 227,700 186,300 41,400 34,750 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 net operating income between the two costing methods? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Req1 Reg 2A Req 2B 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 cont included in inventory Req 2A > Req 1 Req 2A Req 2B Prepare an income statement for last year using variable costing. Ida Sidha Karya Company Variable Costing Income Statement Complete this question by entering your answers in the ta Reg 1 Req 2A Req 2B What is the amount of the difference in net operating income betw Amount of the difference in net operating income