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Check my work m. ! Required information [The following information applies to the questions displayed below.) Part 1 of 2 Jorgansen Lighting, Inc., 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: 10 points Year 1 Year 2 Year 3 Inventories: Beginning (units) Ending (units) Variable costing net operating income 200 170 $1,080,400 eBook 170 180 $1,032,400 180 220 $996,400 Hint The company's fixed manufacturing overhead per unit was constant at $560 for all three years. Print Required: 1. Calculate each year's absorption costing net operating income. (Enter any losses or deductions as a negative value.) References Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Year 1 Year 2 Year 3 Variable costing net operating income Add (deduct) fixed manufacturing overhead deferred in (released from) inventory under absorption costing Absorption costing net operating income Check my work 5 Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: 10 points Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 6.00 $ 7.50 $ 2.40 $ 5.25 $ 45,000 $ 21,000 eBook Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. 10 Hint Required: Prepare a contribution format income statement segmented by product lines. Print Product Line Total Company Weedban Greengrow References 0 0 0 0 $ 0 $ 0 $ 0