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A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing
A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 1 Year 2 $ 114,588 $ 119,200 1,350 1,350 ase 4.60 $ 4.60 Year 3 $ 122,700 850 950 4.60 Compute Income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income
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