NEED AN EXPLAINATION AS WELL PLEASE

Jorgansen Lighting, Inc., 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: Year 2 Year 3 Year 1 Inventories Beginning (units) 210 Ending (units) 170 Variable costing net operating income $290,000 170 180 180 230 $260,000 $279,000 The company's fixed manufacturing overhead per unit was constant at $560 for all three years. quired: alculate each year's absorption costing net operating income. (Enter any losses or luctions as a negative value.) able casting and Abernian A Reconciliation of Variable Costing and Absorption This is a numeric cell, so please enter numbers only. iable costing net operating income (deduct) fixed manufacturing overhead deferred released from) inventory under absorption costing sorption costing net operating income