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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) Fixed manufacturing overhead per unit Year 1 $129,500 0 1,850 $ 2.60 Year 2 $135,200 1,850 1,350 $ 2.60 Yeart 3 $135, 200 1,350 1,450 $ 2.60 Compute Income for each of the three years using absorption costing. Year Year 2 Year 3 Absorption costing income
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