Helmers Corporation manufactures a single product Variable costing net operating Income last year was $77,000 and this year was $92,300. Last year, $28,700 In fixed manufacturing overhead costs were released from Inventory under absorption costing. This year, $10,900 In fixed manufacturing overhead costs were deferred In Inventory under absorption costing. What was the absorption costing net operating Income last year? Multiple Choice $81,400 O $77.000 0 $48,300 0 $105,700 Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $330,000, variable expenses of $180,000, and traceable fixed expenses of $40,000. During the same month, the West business segment had sales revenues of $1,000,000, variable expenses of $516,000, and traceable fixed expenses of $191,000. The common fixed expenses totaled $290,000 and were allocated as follows: $145,000 to the East business segment and $145,000 to the West business segment. The contribution margin of the West business segment is: $484,000 $645.000 $110,000