11 Help Sube art 2 of 2 Required Information The following information applies to the questions displayed below) Jorgansen Lighting, Inc., manufactures heavyduty street lighting systems for municipalities. The company uses variable costing for Internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data: Inventories: Year 2 Years Beginning tunita) 200 170 180 Ending unita) 180 220 Variable costing net operating income $1,020,400 $1,032,400 1996,400 mts 170 Book The company's faed manufacturing overhead per unit was constant at $560 for all three years, 2. Assume In Year 4 that the company's variable costing net operating income was $984,400 and its absorption costing net operating Income was $1012,400 a. Did Inventories increase or decrease during Year 42 Increase Decrease b. How much fixed manufacturing overhead cost was deferred or released from inventory during Year 4? Fixed manufacturing overeed cost Inventory during Yoard