In 2020 Irbid industrial company, had sales of 125,000 units and production of 165,000 units. Known that there was no beginning inventory. Other information for 2020 included: Fixed manufacturing overhead 250,000 Direct materials 160,000 Variable manufacturing overhead 100,000 Direct manufacturing labor JD 197,500 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Required: a. Compute the ending finished goods inventory under both absorption and variable costing b. Compute the cost of goods sold under both absorption and variable costing