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Pandora Brewing Company's planned production for the year just ended was 21,500 units. This production...

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Accounting

Pandora Brewing Company's planned production for the year just ended was 21,500 units. This production level was achieved, but
only 18,900 units were sold. Other data follow:
Direct material used
Direct labor incurred
Fixed manufacturing overhead
Variable manufacturing overhead
Fixed selling and administrative expenses
Variable selling and administrative expenses
Finished-goods inventory, January 1
None
The cost per unit remained the same in the current year as in the previous year. There were no work-in-process inventories at the
beginning or end of the year.
Required:
What would be Pandora Brewing Company's finished-goods inventory cost on December 31 under the variable-costing method?
Note: Do not round intermediate calculations.
2-a. Which costing method, absorption or variable costing, would show a higher operating income for the year?
2-b. By what amount?
Note: Do not round intermediate calculations.
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