Falcon Tools Inc. manufactures power tools. Last year, the company's variable costing net operating income income was $52,400. The ending inventory increased by 1,200 units, and the fixed manufacturing overhead cost per unit was $4. Determine the absorption costing net operating income for last year.

Falcon Tools Inc. manufactures power tools. Last year, the company's variable costing net operating income income was $52,400. The ending inventory increased by 1,200 units, and the fixed manufacturing overhead cost per unit was $4. Determine the absorption costing net operating income for last year.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...

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