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Ida Company produces a handcrafted musical instrument...

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Accounting

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Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold ff \$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: 1. Under absorpution costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end or last. year? 2. Prepare an income statement for last year using variaple costing Complete this question by entering your anowers in the tabs below. quired: Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of las car? Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Under absorption costing, haw much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 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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