Multiple Choice
Rede Inc. manufactures a single product. Variable costing net operating income was $63,800 last year and its inventory decreased by 300 units. Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?
A) $65,000
B) $1,200
C) $63,800
D) $62,600
Correct Answer:
Verified
Correct Answer:
Verified
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