manufactures multiple product its variable costing net Swamp Corp. lines. Last year, operating income was $162,000, and its inventory decreased by 4,200 units. The fixed manufacturing overhead cost was $14 per unit. What was the absorption costing net operating income last year? (a) $103,200 (b) $162,000 (c) $103,800 (d) $220,200

manufactures multiple product its variable costing net Swamp Corp. lines. Last year, operating income was $162,000, and its inventory decreased by 4,200 units. The fixed manufacturing overhead cost was $14 per unit. What was the absorption costing net operating income last year? (a) $103,200 (b) $162,000 (c) $103,800 (d) $220,200

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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