any help would be appreciated

5,6,8) @ Help Save & Exit Submit Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a yophone. The gamelans are sold for $980. Selected data for the company's operations last year follow Units in beginning imentory Units produced Units sold 265 Units in ending inventory 15 Variable costs per unit: Direct materials $ 150 Direct labor $ 371 Variable manufacturing overhead Variable selling and administrative 5 30 Fixed costs: Fixed minufacturing overhead $ 70,068 Fixed selling and administrative $ 30, GDP The absorption costing income statement prepared by the company's accountant for last year appears below. Sales $ 254, 760 Cost of goods sold 215-975 Gross margin 43,725 Selling and administrative expense 17, 958 Net operating income $ 5.775 Required: 1 Under absorption costing, how much food manufacturing overhead cost is included in the company's inventory at me end of last your? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the taba below