Solved

Sechrest Corporation Manufactures a Single Product

Question 226

Multiple Choice

Sechrest Corporation manufactures a single product. Last year, the company's variable costing net operating income was $80,500. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $18,400. What was the absorption costing net operating income last year?


A) $18,400
B) $80,500
C) $98,900
D) $62,100

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions