ED " I) l Beztomheducationcom 0| (.9 [I] + 33 Midterm 2(Ch.4-6) 0 Saved Help saveasm Submit A manufacturer reports the following information for the past three years. Year 1 Year 2 Year 3 Variable costing income 3; 114,500 $ 119,200 $ 122,700 Beginning finished goods inventory (units) 0 1,350 850 Ending finished goods inventory (units) 1,350 850 950 14 Fixed overhead (FOH) per unit $ 4.60 $ 4.60 $ 4.60 points Compute income for each of the three years using absorption costing. Hint: Fixed overhead in inventory equals the FOH per unit x Units in inventory. (Amounts to be deducted should be Indicated with a minus sign.) Absorption costing income Mr. Graw