Required: Using the absorption method, calculate the following: 1. Cost of goods manufactured for the year. 2. The value of the ending inventory of finished goods. 3. The cost of goods sold for the year. 4. Net income for the year. Complete this question by entering your answers in the tabs below. Calculate the net income for the year. Utacturing Co. divided all of its costs and expenses into fixed and variable components. Data for the company's first y Required: Using the absorption method, calculate the following: 1. Cost of goods manufactured for the year. 2. The value of the ending inventory of finished goods. 3. The cost of goods sold for the year. 4. Net income for the year. Complete this question by entering your answers in the tabs below. Calculate the cost of goods sold for the year. Required: Using the absorption method, calculate the following: 1. Cost of goods manufactured for the year. 2. The value of the ending inventory of finished goods. 3. The cost of goods sold for the year. 4. Net income for the year. Complete this question by entering your answers in the tabs below. Calculate the value of the ending inventory of finished goods. Alvarez Manufacturing Co. divided all of its costs and expenses into fixed and variable components. Data for the company's first year of operations follows. Ignore income taxes. Required: Using the absorption method, calculate the following: 1. Cost of goods manufactured for the year. 2. The value of the ending inventory of finished goods. 3. The cost of goods sold for the year. 4. Net income for the year. Complete this question by entering your answers in the tabs below. Calculate the cost of goods manufactured for the year