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Managerial Accounting A manufacturer reports the information below for three recent years. Year 1 Year 2 Year 3 Variable costing income $134,000 $140,000 $138, 950

Managerial Accounting

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A manufacturer reports the information below for three recent years. Year 1 Year 2 Year 3 Variable costing income $134,000 $140,000 $138, 950 Beginning finished goods inventory (units) 0 2 , 000 1, 500 Ending finished goods inventory (units) 2 , 000 1 , 500 1 , 600 Fixed manufacturing overhead per unit $ 2 . 00 $ 2 . 00 $ 2 . 00 Compute income for each of the three years using absorption costing. Absorption costing income

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