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A manufacturer reports the following information below for its first three years in operation Year 1 $76,000 Year 2 $109,000 Year 3 $115,000 500 Income

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A manufacturer reports the following information below for its first three years in operation Year 1 $76,000 Year 2 $109,000 Year 3 $115,000 500 Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit 800 580 800 $ 8.00 $ 8.00 8.00 Income for year 3-year period using absorption costing is: Multiple Choice $280,000 o $310,000. o $300,000. o $305,000. o $308,000

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