Business, 31.10.2019 04:31, Beast3dgar

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: 3

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Helmers corporation manufactures a single product. variable costing net operating income last year w...