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A manufacturer reports the information below for three recent years. Year 1 $ 120,500 Variable costing income Beginning finished goods inventory (units) Ending finished goods
A manufacturer reports the information below for three recent years. Year 1 $ 120,500 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 2 $ 125,600 1,550 1,050 $ 3.80 Year 3 $ 127,700 1,050 1,150 $ 3.80 1,550 3.80 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income
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