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A manufacturer reports the information below for three recent years. ...

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Accounting

A manufacturer reports the information below for three recent years.

Year 1 Year 2 Year 3
Variable costing income $ 126,500 $ 132,000 $ 132,700
Beginning finished goods inventory (units) 0 1,750 1,250
Ending finished goods inventory (units) 1,750 1,250 1,350
Fixed manufacturing overhead per unit $ 3.00 $ 3.00 $ 3.00

Compute income for each of the three years using absorption costing.

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