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**Please show work on how you got Net Profit and Ending Inventory if possible* Problem 5-1 Sweetwater Electronics produces a wireless home lighting device that
**Please show work on how you got Net Profit and Ending Inventory if possible*
Problem 5-1 Sweetwater Electronics produces a wireless home lighting device that allows consumers to turn on home lights from their cars and light a safe path into and through their homes. Information on the first three years of business is as follows: Total 60,000 60,000 Units sold Units produced Fixed production costs Variable production costs per unit Selling price per unit Fixed selling and administrative expense 2017 20,000 20,000 $875,000 $150 $257 $199,000 2018 20,000 25,000 $875,000 $150 $257 $199,000 2019 20,000 15,000 $875,000 $150 $257 $199,000 Calculate profit and the value of ending inventory for each year using full costing. (Round cost per unit to 2 decimal places, e.g. 15.25 and final answers to o decimal places, e.g. 125.) 2017 2018 2019 Net profit 44 Ending inventory s 14 LINK TO TEXT LINK TO TEXT Calculate profit and the value of ending inventory for each year using variable costing. 2017 2018 2019 Net profit A Ending inventory $
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