Problem 5-1 Richetti Electronics produces a wireless home lighting device that allows consumers to turn on home lights from their cars and light a path into and through their homes. Information on the first three years of business is as follows: Total 72,000 72,000 Units sold Units produced Fixed production costs Variable production costs per unit Selling price per unit Fixed selling and administrative expense 2017 24,000 24,000 $1,020,000 $157 $237 $226,800 2018 24,000 30,000 $1,020,000 $157 $237 $226,800 2019 24,000 18,000 $1,020,000 $157 $237 $226,800 Calculate profit and the value of ending inventory for each year using full costing. (Round cost per unit to 2 decimal places, e.g. and final answers to o decimal places, e.g. 125.) 2017 2018 2019 Net profit Ending inventory s LINK TO TEXT LINK TO TEXT Calculate profit and the value of ending inventory for each year using variable costing. 2017 2018 2019 Net profit Ending inventory s Click if you would like to Show Work for this question: Open Show Work xro Your answer is partially correct. Try again. Calculate profit and the value of ending inventory for each year using full costing. (Round cost per unit to 2 decimal places, e.g. 15.25 and final answers to o decimal places, e.g. 125.) 2017 2018 2019 Net profit 673200) 877200 1615200 Ending inventory inventory 1 1 1460001 LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Calculate profit and the value of ending inventory for each year using variable costing. 2017 2018 2019 Net profit 7 6 732004 673200 673200 inventory inventory 0 Click if you would like to Show Work for this question: Open Show Work