Bellue Inc. manufactures a single product. Variable costing net operating income was $92,400 last year and its inventory decreased by 3,100 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?

Garrison 16e Rechecks 2018-06-22

Multiple Choice

$95,500

$3,100

$89,300

$92,400