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Jorgansen Lighting, Incorporated, manufactures heavy - duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for

Jorgansen Lighting, Incorporated, manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports. The company provided the following data:
\table[[,Year 1,Year 2,Year 3],[Inventories:,,,],[Beginning (units),200,170,180],[Ending (units),170,180,220],[Variable costing net operating income,$1,080,400,$1,032,400,$996,400
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