Show your work.

In its first year of operations. Cutterski produced 60,000 propellers but only sold 54,000. What is the total cost that would be assigned to Cutterski's finished goods inventory at the end of the first year of operations under the variable costing method? $765,000 $684,000 $804,000 $912,000 At what amount will Cutterski report its cost of goods sold for this first year for external reporting purposes? $6, 156,000 $6, 885,000 $6, 966,000 $8, 208,000 Which costing method (variable or absorption) will generate a higher net operating income in Cutterski's first year of operations and by how much? variable by $81,000 variable by $108,000 absorption by $81,000 absorption by $108,000