Question 1: (part 4 of 4) The Manaka Company had the data for its first three years of operation regarding its only product: Year 1 Year 2 Year 3 Total Units Produced 40,000 50,000 30,000 120,000 Units Sold 40,000 40,000 40,000 120,000 Unit Selling Price $30 $30 $30 Unit Variable Manufacturing costs $5 $5 $5 Fixed Manufacturing Overhead costs $600,000 $600,000 $600,000 Unit Variable selling and admin costs $2 $2 $2 Total Selling and admin costs $300,000 $300,000 $300,000 Absorption Costing Operating Income $100,000 $220,000 . J Required: d) The manufacturing cost per unit of Year 3 beginning finished goods inventory was $17. Prepare an income statement for Year 3 under the Absorption Costing method. + V Paragraph BIU A/ V V