sting Tim Sesnie, the new president of Kerwin Company, is presented with the following data 1. At what percentage of denominator level was the plant operating during 2017? 2. How much foxed manufacturing overhead was inckided in the 2016 and the 2017 ending hventory under abnorption costing? 3. Recondile and explain the diference in 2017 operating incomes under variable 4. Tim Sesnle is concerned He notes that despite an increase in sales over 2016, 2017 operating income has actualy declined under absorption costing Explain how this occurred PrintDone Cont of goods sold (et standard cs 700 000 S. Spending Preduction wolurne tal cos Operating incom o(at standard co December 31 2 December 31 201 s1,455 000 5 1.75 000 16 0 PIC COLLAGE sting Tim Sesnie, the new president of Kerwin Company, is presented with the following data 1. At what percentage of denominator level was the plant operating during 2017? 2. How much foxed manufacturing overhead was inckided in the 2016 and the 2017 ending hventory under abnorption costing? 3. Recondile and explain the diference in 2017 operating incomes under variable 4. Tim Sesnle is concerned He notes that despite an increase in sales over 2016, 2017 operating income has actualy declined under absorption costing Explain how this occurred PrintDone Cont of goods sold (et standard cs 700 000 S. Spending Preduction wolurne tal cos Operating incom o(at standard co December 31 2 December 31 201 s1,455 000 5 1.75 000 16 0 PIC COLLAGE