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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

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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 overhead per unit Year 1 Year 2 Year 3 $120,000 $124,400 $128,950 0 1,700 1,200 1,700 1,200 1,300 $ 3.50 $ 3.50 $ 3.50 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Variable costing income Fixed overhead in ending inventory Fixed overhead in beginning inventory Absorption costing income

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