Exercise 06-10 Computing absorption costing income LO P3 A manufacturer reports the information below for three recent years. Year 1 $ 132,500 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 2 $ 138,400 1,950 1,450 $ 2.20 Year 3 $ 137,700 1,450 1,550 $ 2.20 1,950 2.20 $ Compute income for each of the three years using absorption costing. Answer is complete but not entirely correct. Year 1 Year 2 Year 3 $ 4,290 $ 3,190 $ 3,410 Absorption costing income