Multiple Choice
Last year, Gransky Corporation's variable costing net operating income was $52,100 and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7 per unit. What was the absorption costing net operating income last year?
A) $52,100
B) $2,800
C) $54,900
D) $49,300
Correct Answer:
Verified
Correct Answer:
Verified
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