Multiple Choice
Last year, Kirsten Corporation's variable costing net operating income was $63,400. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $10,700. What was the absorption costing net operating income last year?
A) $10,700
B) $74,100
C) $63,400
D) $52,700
Correct Answer:
Verified
Correct Answer:
Verified
Q172: Mccrone Corporation has provided the following data
Q173: Sipho Corporation manufactures a single product. Last
Q174: Dattilio Corporation manufactures and sells one product.
Q175: The Dorset Corporation produces and sells a
Q176: Cahalane Corporation has provided the following data
Q178: Krepps Corporation produces a single product. Last
Q179: Labadie Corporation manufactures and sells one product.
Q180: A manufacturing company that produces a single
Q181: Jemmott Corporation has two divisions: Western Division
Q182: Neelon Corporation has two divisions: Southern Division