Question: Exercise 19-22A (Algo) Converting variable costing income to absorption costing income LO A2 A manufacturer reports the following information for the past three years. Compute

 Exercise 19-22A (Algo) Converting variable costing income to absorption costing income

Exercise 19-22A (Algo) Converting variable costing income to absorption costing income LO A2 A manufacturer reports the following information for the past three years. Compute income for each of the three years using absorption costing. Hint Fixed overhead in inventory equals the FOH per unit * Units in inventory. (Amounts to be deducted should be indicated with a minus sign.)

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