Question: im having a hard time on this question, any feedback would help Ida Company produces a handcrafted musical instrument called a gamelan that is similar


Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone, The gamelans are sold $880. Selected data for the company's operations last year follow The absorption costing income statement prepared by the company's accountant for last year appears below: Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the year? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventor year? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for last year using variable costing. Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone, The gamelans are sold $880. Selected data for the company's operations last year follow The absorption costing income statement prepared by the company's accountant for last year appears below: Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the year? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventor year? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for last year using variable costing
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