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Bellue Inc. manufactures a single product. Variable costing net operating income was $77,000 last year and its inventory decreased by 2,700 units. Fixed manufacturing overhead
Bellue Inc. manufactures a single product. Variable costing net operating income was $77,000 last year and its inventory decreased by 2,700 units. Fixed manufacturing overhead cost was $1 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?
Multiple Choice
- $2,700
- $74,300
- $77,000
- $79,700
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