4.(TCO4) Eastwood Company has thefollowing information for previous year.Selling

4.(TCO4) Eastwood Company has thefollowing information for previous year.Sellingprice$150 per unitVariable productioncosts$40 per unit producedVariable selling and admin. expenses $16per unit soldFixed productioncosts$200000Fixed selling and admin.expenses$140000Unitsproduced10000 unitsUnitssold8000 unitsThere were no beginning inventories.a. What is the ending inventory for Eastwood using the absorptioncosting method?b. What is the cost of ending inventory for Eastwood using thevariable costing method?(Points :30)