Question 6 of 8 -/1 E View Policies Current Attempt in Progress Sunland Stoner sells handmade jewelry that she designs herself. The items aren't expensive, and she has a loyal following in her town and the surrounding area. Sunland incurred the following unit costs to produce 59,300 items Direct materials Direct labor Variable overhead Fixed overhead $2.80 $1.73 $0.78 $4.25 Sunland began the year with no inventory. During the year she sold 47,300 items for $15.79 each, incurring $0.50 in selling costs per item plus $3,900 in advertising and other selling expenses. (a) Under variable costing, what is Sunland's operating income? Operating income $ (b) Under absorption costing, what Is Sunland's ending Finished Goods Inventory balance? Ending Finished Goods Inventory balance $ e Teython and Mndia