Exercise 19-10 Computing absorption costing income LO P3 A manufacturer reports the information below for...
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Accounting
Exercise 19-10 Computing absorption costing income LO P3 A manufacturer reports the information below for three recent years. Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 1 $123,500 0 1,650 S 3.40 Year 2 $128,800 1650 1,150 S 3.40 Year 3 $130,200 1,150 1,250 $ 3.40 Compute income for each of the three years using absorption costing
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