Business, 06.05.2020 22:21 grayammip095l9
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $101,000 and this year was $121,000. Last year, $37,600 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $14,100 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.
What was the absorption costing net operating income last year?
a.$63,400
b.$138,600
c.$106,900
d.$101,000
Answers: 2
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Helmers Corporation manufactures a single product. Variable costing net operating income last year w...
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