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A manufacturer reports the information below for three recent years. Year 2-Year, $110,000 $114,400 $118,950 0 1,200 780 800 2.50 $ 2.50 Year 1 Variable
A manufacturer reports the information below for three recent years. Year 2-Year, $110,000 $114,400 $118,950 0 1,200 780 800 2.50 $ 2.50 Year 1 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit 2.50 1,200 700 es 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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