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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:
The company's fixed manufacturing overhead per unit was constant at $560 for all three years.
Required:
Calculate each year's absorption costing net operating income.
Note: Enter any losses or deductions as a negative value.
\table[[Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes,],[,Year 1,Year 2,Year 3],[Variable costing net operating income,,,],[\table[[Add (deduct) fixed manufacturing overhead deferred],[in (released from) inventory under absorption costing]],,,],[Absorption costing net operating income,,,]]
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