In 2021, Fisher Inc. produced 10,000 units and sold 9,000 units at a selling price of $9 per unit. Costs for the year were as follows: Direct materials per unit $1.00 Direct labour per unit $1.50 Variable manufacturing overhead per unit $0.50 Fixed manufacturing overhead per unit $2.00 Variable selling expense per unit $0.80 Fixed selling and administrative expense $17,000 Fixed manufacturing is applied on the basis of expected production which, for 2021, was 10,000 units. For 2021, the company had no beginning inventories. 3 Required (A) How many units were in ending inventory? (B) Compute the manufacturing cost per unit, the value of the ending inventory using Absorption Costing and make an Income Statement for Fisher Inc. for 2021 using Absorption Costing. (C) Compute the manufacturing cost per unit, the value of the ending inventory using Variable Costing and make an Income Statement for Fisher Inc. for 2021 using Variable Costing. (D) How and why does the income differ under variable and absorption costing? (E) Why might a manager stockpile finished goods inventory if the company uses absorption costing?