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A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 $87,000 $120,000 $126,000 Income under

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A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 $87,000 $120,000 $126,000 Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit 910 555 910 555 $ 9.00 $ 9.00 9.00 Income for year 2 using absorption costing is

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