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Exercise 19-10 Computing absorption costing income LO P3 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory
Exercise 19-10 Computing absorption costing income LO P3 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Pixed manufacturing overhead per unit Year 1 $117,500 0 1,450 4.20 Year 2 $122,400 1,450 950 $ 4.20 Year 3 $125,200 950 1,050 $ 4.20 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income
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