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Blenders Blenders and Mixers Inc. provided the below information below for three recent years. Year 1 $110,000 Variable costing income Beginning finished goods inventory (units)
Blenders Blenders and Mixers Inc. provided the below information below for three recent years. Year 1 $110,000 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 2 $114,400 1,200 700 $ 2.50 Year 3 $118,950 700 800 $ 2.50 $ 1,200 2.50 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income
Blenders
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