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A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 Income under variable costing $
A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 Income under variable costing $ 93,000 $ 126,000 $ 132,000 Beginning inventory (units) 0 970 585 Ending inventory (units) 970 585 0 Fixed manufacturing overhead per unit $ 10.00 $ 10.00 $ 10.00 Income for the 3-year period using absorption costing is
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