Tropeus has the following financial information: Current Year Prior Year #Units in Beginning Inventory # Units Sold ? 0 570,000 580,000 # Units Manufactured (Actual) # Units Manufactured (Budget) Selling Price Variable Manufacturing Costs 610,000 590,000 640,000 600,000 (per unit) 10.00 9.90 (per unit) 5.00 4.80 Variable Sales Admin Costs (per unit) 1.00 1.00 Fixed Manufacturing Costs (Budget and Actual) (total) 1,600,000 1,560,000 Fixed sales admin costs (actual) (total) 360,000 350,000 Net income (Variable Costing) 322,000 468,000 Inventory is recorded at FIFO Required: a. Calculate the value of the Ending Inventory under Absorption Costing and Variable costing for the prior year and current year b. Prepare an income statement under Absorption Costing for the current year c. Reconcile the difference in Operating Income between Variable costing and Absorption Costing for the current year