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jorgansen lighting inc manufactures heavy duty street lighting systems for municipalities. the company uses variable costing for internal management reports and absortion costing for external
jorgansen lighting inc manufactures heavy duty street lighting systems for municipalities. the company uses variable costing for internal management reports and absortion costing for external reports to shareholders, creditors, and the government. the company has provided the follwoing data: Inventories: Beginning (units) Year 1 200 Year 2 170 Year 3 180 Ending (units) Year 1 170 Year 2 180 Year 3 220 2. assume in year 4 that the companys variable net operating income was $984,400 and its absorption costing net operating income was $1,012,400. ses Problems Help Required information The following information applies to the questions displayed below The company uses variable costing for internal management r external the following data: nc., manufactures heavy-duty street lighting systems for municipalitie eports and absorption costi I reports to shareholders, creditors, and the government. The company has provid Ye Inventories: Beginning (units) Ending (units) 280 170 170 180 180 220 Variable costing net operating income $1,e80,400$1,032,400 $996,4e0 The company's fixed manufacturing overhead per unit was constant at $560 for all three ye 2. Assume in Year 4 that the company's variable costing net operating income was $984,400 and costing net operating income was $1,012.400o a Did inventories increase or decrease during Year 4?
jorgansen lighting inc manufactures heavy duty street lighting systems for municipalities. the company uses variable costing for internal management reports and absortion costing for external reports to shareholders, creditors, and the government. the company has provided the follwoing data: Inventories: Beginning (units) Year 1 200 Year 2 170 Year 3 180 Ending (units) Year 1 170 Year 2 180 Year 3 220 2. assume in year 4 that the companys variable net operating income was $984,400 and its absorption costing net operating income was $1,012,400.
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