Exercise 18-26B Computing absorption costing income LO P5 A manufacturer reports the information below for three recent years. ek Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 1 Year 2 Year 3 $115,000 $119,400 $123,950 0 1,450 950 1,450 950 1,050 $ 3.00 $ 3.00 $ 3.00 at ences Compute income for each of the three years using absorption costing. Year 1 ear 2 Year 3 Variable costing income Fixed overhead in ending inventory Fixed overhead in beginning inventory Absorption costing income $ 0 s 0 s 0