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ASAP. Thanks. Bridgeport Inc. started operations in January 2025. The company produces and sells cabinets for $5400 each. The following information pertains to the cost

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ASAP. Thanks.

Bridgeport Inc. started operations in January 2025. The company produces and sells cabinets for $5400 each. The following information pertains to the cost and sales of the cabinets each year: The company produced 24 units per year for 2025,2026, and 2027. The company sold 21 units in 2025,19 units in 2026 , and 25 units in 2027. It reported no volume variances for the three-year period. For 2027 , absorption costing operating income exceeded variable costing operating income by $1000. the operating income for absorption costing may be greater than, equal to or less than operating income under variable costing. variable costing operating income exceeded absorption costing operating income by $1000. the operating income for absorption costing equaled operating income for variable costing

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