Air Tite Company

The following data has been taken from Air-Tite company in its first year of business.
Units produced  200,000
Units sold 180,000
Units in ending inventory 20,000
Fixed manufacturing overhead $600,000

(a) Compute the amount of fixed manufacturing overhead that would be expensed in the current year if full absorption costing is used.

(b) Compute the amount of fixed manufacturing overhead that would be expensed in the current year if
variable costing is used.

(c) Compute the amount of fixed manufacturing overhead that would be included in ending inventory under full absorption costing.