Helmers Corporation manufactures a single prod operating income last year was $71,000 and this year was $85,100. L 526,400 in fixed manufacturing overhead costs were released from nder absorption costing. This year, $9,900 in fixed manufacturing c were deferred in inventory under absorption costing. What was the absorption costing net operating income last year?

Helmers Corporation manufactures a single prod operating income last year was $71,000 and this year was $85,100. L 526,400 in fixed manufacturing overhead costs were released from nder absorption costing. This year, $9,900 in fixed manufacturing c were deferred in inventory under absorption costing. What was the absorption costing net operating income last year?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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