Swamp Corp. lines. Last year, its variable costing net 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 manufactures multiple product (b) $162,000 (c) $103,800 (d) $220,200

Swamp Corp. lines. Last year, its variable costing net 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 manufactures multiple product (b) $162,000 (c) $103,800 (d) $220,200

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter8: Tactical Decision-making And Relevant Analysis

Section: Chapter Questions

Problem 11MCQ: Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett...

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