Wexford Corp. reported a variable costing net operating income of $95,000 last year. During the year, the company's inventory increased by 2,400 units. The fixed manufacturing overhead rate was $10 per unit. What was the absorption costing net operating income? . . a. $71,000 b. $119,000 • • c. $95,000 d. $24,000

Wexford Corp. reported a variable costing net operating income of $95,000 last year. During the year, the company's inventory increased by 2,400 units. The fixed manufacturing overhead rate was $10 per unit. What was the absorption costing net operating income? . . a. $71,000 b. $119,000 • • c. $95,000 d. $24,000

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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