4. Data for the first two years of operations is as follows: Year 1 Year 2 Absorption costing income $240,000 $412,000 Units produced 100,000 100,000
4. Data for the first two years of operations is as follows: Year 1 Year 2 Absorption costing income $240,000 $412,000 Units produced 100,000 100,000 Units sold FC 70,000 110,000 Fixed overhead costs $50,000 $50,000 What is variable costing net income in year 2? unit under variable costing and
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