Using Full Costing/Variable Costing calculate profit and the value of ending inventory for each year.

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Problem 5-1 Sweetwater Electronics produces a wireless home lighting device that allows consumers to turn on home lights from their cars and light a safe path into and through their homes. Information on the first three years of business is as follows: Total 60,000 60,000 Units sold Units produced Fixed production costs Variable production costs per unit Selling price per unit Fixed selling and administrative expense 2017 20,000 20,000 $875,000 $150 $257 $199,000 2018 20,000 25,000 $875,000 $150 $257 $199,000 2019 20,000 15,000 $875,000 $150 $257 $199,000 Your answer is partially correct. Try again. Calculate profit and the value of ending inventory for each year using full costing. (Round cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) 2017 2018 2019 Net profit 1066000 316000 1816050 Ending inventory 925000 LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Calculate profit and the value of ending inventory for each year using variable costing. 2017 2018 2019 Net profit 1066000 1066000 1066000 Ending inventory 925000