D G 8 3 ezto.mheducation.com Course Content - 2021SU-13695-ACCT2302-Pri. Course Content - 2021SU-13695-ACCT2302-Pri. Content - 2021SU-18678-ECON2305-Macroec. Quest HW Chapter 7 i Saved 4 Required information Part 2 of 2 [The following information applies to the questions displayed below.] Innerspace Incorporated produces drones. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the 16.66 following data: points Year 1 Year 2 Year 3 Inventories Beginning (units) 210 170 200 eBook Ending (units) 170 200 240 Variable costing net operating income $290, 000 $269 , 000 $260, 000 Hint The company's fixed manufacturing overhead per unit was constant at $500 for all three years. Print 2. Assume In Year 4 that the company's variable costing net operating income was $250,000 and its absorption costing net operating Income was $300,000. References a. Did Inventories Increase or decrease during Year 4? Increase Decrease b. How much fixed manufacturing overhead cost was deferred or released from Inventory during Year 4? Fixed manufacturing overhead cost Inventory during Year 4