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A company reports variable costing income of $144,000 in Year 1,$154,000 in Year 2, and $164,000 in Year 3. Fixed overhead is $10 per unit

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A company reports variable costing income of $144,000 in Year 1,$154,000 in Year 2, and $164,000 in Year 3. Fixed overhead is $10 per unit in each year. Inventory information follows. Using absorption costing, compute income for Year 1 and Year 2. Note: Indicate amounts to be deducted with a minus sign

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