Multiple Choice
Last year, Rassel Corporation's variable costing net operating income was $63,200. Fixed manufacturing overhead costs deferred in inventory under absorption costing amounted to $31,900. What was the absorption costing net operating income last year?
A) $31,300
B) $95,100
C) $63,200
D) $31,900
Correct Answer:
Verified
Correct Answer:
Verified
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