apter 6 Homework Assignment Help Save a 4 0 Required information Exercise 6.3 Reconciliation of Absorption and Variable Costing Net Operating Incomes [LO6-3) The following information applies to the questions displayed below Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipaibes. The company uses vanable costing for internal management reports and absorption costing for external reports to shareholders, creditors. and the government. The company has provided the following data: Inventorles Beginning (units) Variable costing net operating income 290,00$229,000 $260,000 The company's fixed manufacturing overhead per unit was constant at $560 for all three years Exercise 6-3 Part 2 s variable costing net operating income was $250,000 and its absorption costing net operating 2 Assume in Year 4 that the company' ncome was $270.,000 Prev4 of 9Next > pe here to search