QUESTION ALREADY IN CHEGG, BUT NO ANSWERS. I have the same question for my class. Could use help. https://www.chegg.com/homework-help/excel-worksheet-form-appears-used-recreate-portions-review-p-chapter-5-problem-1ae-solution-9780078025426-exc

You should proceed to the requirements below only after completing your worksheet. The LIFO inventory flow assumption is used throughout this problem.

Required:

1. Check your worksheet by changing the units sold in the Data to 6,000 for Year 2. The cost of goods sold under absorption costing for Year 2 should now be $240,000. If it isnt, check cell C41. The formula in this cell should be = IF(C26. If your worksheet is operating properly, the net operating income under both absorption costing and variable costing should be $(34,000) for Year 2. That is, the loss in Year 2 is $34,000 under both systems. If you do not get these answers, find the errors in your worksheet and correct them. Why is the absorption costing net operating income now equal to the variable costing net operating income in Year 2?