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4 18 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) points Ending finished goods
4 18 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) points Ending finished goods inventory (units) Fixed overhead per unit Skipped eBook Year 1 $ 122,000 Year 2 $ 126,400 Year 3 $ 130,950 1,800 $ 3.70 1,800 1,300 1,300 1,400 $ 3.70 $ 3.70 Compute income for each of the three years using absorption costing. (Amounts to be deducted should be indicated by a minus sign.) Variable costing income Fixed overhead in ending inventory Print Fixed overhead in beginning inventory Absorption costing income References Year 1 Year 2 Year 3
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