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Required information [ The following information applies to the questions displayed below. ] Jorgansen Lighting, Incorporated, manufactures heavy - duty street lighting systems for municipalities.
Required information
The following information applies to the questions displayed below.
Jorgansen Lighting, Incorporated, manufactures heavyduty street lighting systems for municipalities. The company uses
variable costing for internal management reports and absorption costing for external reports. The company provided the
following data:
Inventories
Year
Year
Year
Beginning units
Ending units
Variable costing net operating income
$
$
$
The company's fixed manufacturing overhead per unit was constant at $ for all three years.
equired:
Calculate each year's absorption costing net operating income.
lote: Enter any losses or deductions as a negative value.Required information
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The following information applies to the questions displayed below.
Jorgansen Lighting, Incorporated, manufactures heavyduty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports. The company provided the following data:
Year Year Year
Inventories
Beginning units
Ending units
Variable costing net operating income $ $ $
The companys fixed manufacturing overhead per unit was constant at $ for all three years.
Required:
Calculate each years absorption costing net operating income.
Note: Enter any losses or deductions as a negative value.
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