Please show work

S20Cost MKCHOS (1) - Protected View - Saved Search sign Layout References Mailings Review View Help the Internet can contain viruses. Unless you need to edit it's safer to stay in Protected View Enable Editing Exercise 2) Elmer's Electronics has the following information for the first three years of business 2019 2020 2021 Units sold 10,000 11.000 12.000 Units produced 25,000 3.000 8,000 Fixed production costs $600,000 S600,000 $600,000 Variable production costs per unit S 100 $ 100 $ 200 $ 210 Selling price per unit $ 220 Fixed selling & administrative expense $200.000 $200.000 $200,000 100 Calculate income under both full costing and variable costing. What is the cost of ending inventory under full costing and under variable costing (assume FIFO)