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Helmers Corporation manufactures a single product. Variable costing net operating income last year was $ 7 1 , 0 0 0 and this year was
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $ and this year was $ Last year,
$ in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $ in fixed manufacturing overhead
costs were deferred in inventory under absorption costing.
What was the absorption costing net operating income last year?
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