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QLTD Inc. manufactures a single product Variable costing operating income in the most recently completed period was $96,300 and QLTD's inventory increased during the period
QLTD Inc. manufactures a single product Variable costing operating income in the most recently completed period was $96,300 and QLTD's inventory increased during the period by 2,600 units. Fixed manufacturing overhead cost was $1 per unit for both units in beginning and ending inventory. What was absorption costing operating income for the period? $2,600 $93,700 $96,300 0 $98,900 None of the above
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