2 Pan 2012 10 DO Required information The following information applies to the questions displayed below) Jorgensen Lighting, Incorporated, manufactures heavy duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors and the government. The company has provided the following data Year Wear Laventories Deginning (unit) 210 150 150 Ending units) 150 190 270 Variable costing net operating income $299,000 $20.000 5.260.00 The company's fixed manufacturing overhead per unit was constant at $550 for all three years BOON - 2 0 2. Assume in Yeard that the company's variable costing net operating income was $250.000 and its absorption costing net operating income was $300,000 a. Did inventones increase or decrease during Year A? References Increase Decrease D. How much foed manufacturing overhead cost was deferred or released from inventory during Year 4 ingya 2 Pan 2012 10 DO Required information The following information applies to the questions displayed below) Jorgensen Lighting, Incorporated, manufactures heavy duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors and the government. The company has provided the following data Year Wear Laventories Deginning (unit) 210 150 150 Ending units) 150 190 270 Variable costing net operating income $299,000 $20.000 5.260.00 The company's fixed manufacturing overhead per unit was constant at $550 for all three years BOON - 2 0 2. Assume in Yeard that the company's variable costing net operating income was $250.000 and its absorption costing net operating income was $300,000 a. Did inventones increase or decrease during Year A? References Increase Decrease D. How much foed manufacturing overhead cost was deferred or released from inventory during Year 4 ingya