Question
Bellue Inc. manufactures a single product. Variable costing net operating income was $102,100 last year and its inventory decreased by 2,300 units. Fixed manufacturing overhead
Bellue Inc. manufactures a single product. Variable costing net operating income was $102,100 last year and its inventory decreased by 2,300 units. Fixed manufacturing overhead cost was $2 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?
Multiple Choice
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$4,600
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$97,500
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$102,100
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$104,400
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
