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A6 10 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units)
A6 10
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 $ 131,000 0 1,900 $ 2.40 Year 2 $136,800 1,900 1,400 $ 2.40 Year 3 $136,450 1,400 1,500 $ 2.40 $ Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing incomeStep by Step Solution
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