Quest 11 wwwwww Markutul 20.00 4 Osawa Ltd planned and actually manufactured 200 000 units of its single product in 2019. Its first year of operation Actual data relating to its 2019 operations are Variable manufacturing cost per unit produced $20 Variable non-manufacturing costs per unit sold $10 Planned and actua fixed manufacturing costs 5600 000 Planned and actual fixed non-manufacturing costs $400 000 Units sold 120.000 Selling price per unit $40 Required: la Calculate Osawa Ltds operating profit using absorption costing (8 marks) 10) Calculate Osawa Ltd's operating profit using variable costing (7 marks) Explain how operating profit differs under absorption costing and variable costing (2 marks) [d There is an incentive for managers to bulld up finished goods inventory if they use absorption costing. Explain briefly why