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Reconcile the differences each year in net income under the two costing approaches. 2013 2014 Variable costing net income $ 1890100 $ 3967000 Fixed manufacturing
Reconcile the differences each year in net income under the two costing approaches.
2013 | 2014 | |||
Variable costing net income | $ 1890100 | $ 3967000 | ||
Fixed manufacturing overhead | ||||
expensed with variable costing | $ 2451000 | $ 2451000 | ||
Less: Fixed manufacturing overhead | ||||
expensed with absorption costing | ||||
Difference | ||||
Absorption costing net income | $ | $ |
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