Multiple Choice
Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations:
-The management accountant has discovered an error in last month's accounts. The fixed manufacturing overhead should have been stated at £230,000.
What is the net operating income for the month under absorption costing if the fixed manufacturing overhead is £230,000?
A) £31,333
B) £23,333
C) £18,500
D) (£0)
Correct Answer:

Verified
Correct Answer:
Verified
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