g overhead costs releasec nted to $23,500. What w come last year?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Harper Corporation manufactures a single product. Last year, the
company's variable costing net operating income was $92,600. Fixed
manufacturing overhead costs released from inventory under absorption
costing amounted to $23,500. What was the absorption costing net
operating income last year?
$69,100
$90,900
O $21,900
O $112,800
Transcribed Image Text:Harper Corporation manufactures a single product. Last year, the company's variable costing net operating income was $92,600. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $23,500. What was the absorption costing net operating income last year? $69,100 $90,900 O $21,900 O $112,800
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