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please help with requirement no. 2 ( prepairing an income statement for last year using variable costing Ida Company produces a handerafted musical instrument called

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Ida Company produces a handerafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company's operations last year follow: The absorption costing income statement prepared by the company's accountant for last year appears below: Required: Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last vear? 2. Prepare an income statement for last year using variable costing. Answer is not complete. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare an income statement for last year using variable costing

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