Koala Mattress planned production for the current year was 250000 units. The production level was achieved , but only 210,000 units were sold @ $25 each. Other data are as follows Direct materials used $250,000 Direct labour cost incurred $300,000 Fixed manufacturing overhead (Actual and planned) $125,000 Fixed selling and administration expenses $220,000 Variable manufacturing overhead (Actual and planned) $78,000 Variable selling and administration expenses $300,000 Finished goods Inventory 1 June 2022 Nil The company uses a normal costing system, and there were no opening and ending work in process REQUIRED 8 Marks Calculate the Operating Income according to both Absorption and Variable costing and explain the difference