Mcferrin Corporation Manufactures a Variety of Products

Multiple Choice

Mcferrin Corporation manufactures a variety of products. Last year, the company's variable costing net operating income was $53,200. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $32,900. What was the absorption costing net operating income last year?

A) $86,100
B) $20,300
C) $32,900
D) $53,200