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 $111,500 0 1,250 $ 5.00 Year 2 $116,000 1,250 750 $ 5.00 Year 3 $120,200 750 850 5.00 $ Compute income for each of the three years using absorption costing, Year 1 Year 2 Year 3 Absorption costing income