Question
Last year, Tinklenberg Corporation's variable costing net operating income was $52.400 and its inventory decreased by 1.400 units. Fixed manufacturing overhead cost was $8 per
Last year, Tinklenberg Corporation's variable costing net operating income was $52.400 and its inventory decreased by 1.400 units. Fixed manufacturing overhead cost was $8 per unit for both units in beginning and in ending inventory.
What was the absorption costing net operating income last year?
A) $41.200
B) $63.600
C) $52.400
D) $11.200
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
