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 to shareholders, creditors, and the government. The company has provided the following data: Inventories Beginning (units) Exercise 6-3 (Algo) Part 1 Year 1 210 150 $ 300,000 Year 2 Variable costing net operating income Add (deduct) fixed manufacturing overhead deferred in (released from) inventory under absorption costing Absorption costing net operating income 150 190 $ 269,000 Ending (units) Variable costing net operating income The company's fixed manufacturing overhead per unit was constant at $570 for all three years. Year 3 Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Year 1 Year 2 Year 3 190 230 $ 260,000 Required: 1. Calculate each year's absorption costing net operating income. (Enter any losses or deductions as a negative value.)

Jorgansen Lighting, Incorporated, manufactures heavy-duty street ighting systems for municipalities. The company uses variable costing for intemal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data: The company's fixed manufacturing overhead per unit was constant at $570 for all three years. Exercise 6.3 (Algo) Part 1 equired: Calculate each year's absorption costing net operating income. (Enter any losses or deductions as a negative value.)