a manufacturer reports the following information below for its first three years in operation. year 1 year 2 year 3 variable costing income $ 79,000 $ 112,000 $ 118,000 beginning finished goods inventory (units) 0 830 515 ending finished goods inventory (units) 830 515 0 fixed overhead per unit $ 7.00 $ 7.00 $ 7.00 income for year 3 using absorption costing is: multiple choice $118,000. $114,395. $112,000. $119,210. $109,795.
