A manufacturer reports the information below for three recent years. Year 1 $ 123,000 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed overhead per unit 0 1,850 $ 3.80 Variable costing income Fixed overhead in ending inventory Fixed overhead in beginning inventory Absorption costing income Year 2 $ 127,400 1,850 1,350 $ 3.80 Compute income for each of the three years using absorption costing. (Amounts to be deducted should be indicated by a minus sign.) Year 1 Year 2 Year 3 $ 123,000 $ 127,400 $ 131,950 7,030 115,970 1,900 129,300 (380) 132,330 $ 246,000 $ 258,600 $ 263,900 Year 3 $ 131,950 1,350 1,450 $ 3.80

A manufacturer reports the information below for three recent years. Compute income for each of the three years using absorption costing. (Amounts to be deducted should be indicated by a minus sign.)