Question 15 3.3 pts This information will be used for the next four questions Billboard Co gives you the following information for the three most recent years of operations. There is purposefully not enough information to do income statements. They are NOT required to do the questions and will involve more work than necessary. They started 2015 with zero inventories. They use Absorption Conting for financial reporting and Direct Coating for internal purposes. 2015 2016 2017 Production 100 units B0 units 120 units Sales 80 units 75 units 130 units $15 Direct cost per unit Total Fixed Overhead $15 $720 $15 5720 $720 Assuming Billboard uses PIPO, what is the relationship or inconto in 2017 Absorption costing 101 higher this period Absorption costing is 391 Lover this period. Absorption costing 1 higher this period Absorption conting is $135 lower this period. Absorption costing 1 590 over this period This is the same information as the prior question. Billboard Co gives you the following information for the three mont recent years of operations. There is purposefully not enough information to do income statements. They are NOT required to do the questions and will involve more work than necessary. They started 2015 with zero inventories. They use Absorption Costing for financial reporting and Direct Costing for internal purposes. 2015 2016 2017 Production 100 units 80 units 120 units Sales BO units 75 units 130 units $15 Direct COC per unit $15 $15 Total Fixed Overhead $720 $720 $720 Assuming Billboard uses LIFO, what is the relationship of incomes in 2017? Absorption costing is $81 higher this period. Absorption costing is 591 lower this period. Absorption costing is $90 higher this period. Absorption costing 19 $90 lower this period. Absorption costing is $135 lower this period. 3.3inta Ouestion 17 This is the same information as the prior two questions. Billboard Co gives you the following information for the three most recent years of operations. There is purposefully not enough information to do income statements. They are NOT required to do the questions and will involve more work than necessary. They started 2015 with zero inventories. They use Absorption Costing for financial reporting and Direct Costing for internal purposes. 2015 2016 2017 Production 100 units 80 units 120 units Sales 80 units 75 units 130 units $15 $15 Direct cost per unit Total Fixed Overhead $15 $720 $720 $720 Assuming Billboard uses FIFO, what is the value of the ending inventory at the end of 2016 under Absorption coating? O $600 0 $375 O $564 S555 Cannot be determined with the information given. 3.3 pts