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Chapters 5-7 Help Save & alt Helmers Corporation manufactures a single product Variable costing net operating income last year was $97,000 and this year was

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Chapters 5-7 Help Save & alt Helmers Corporation manufactures a single product Variable costing net operating income last year was $97,000 and this year was $116,300. Last year, $36,200 in fixed manufacturing overhead costs were released from Inventory under absorption costing. This year. $13,700 in Fixed manufacturing overhead costs were deferred in inventory under absorption costing What was the absorption costing net operating income last year? Multiple Choice $133.200 $97.000 O 560.000

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