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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

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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 (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 1 $ 138,500 0 2,150 $ 1.40 Year 2 Year 3 $144,800, $142,700 2,150 1,650 1,650 1,750 $ 1.40 $ 1.40 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income

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