Ask Question
8 September, 02:44

Bellue Inc. manufactures a single product. Variable costing net operating income was $98,200 last year and its inventory decreased by 2,700 units. Fixed manufacturing overhead cost was $3 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?

+1
Answers (1)
  1. 8 September, 06:40
    0
    Absorption costing net operating income$90,100

    Explanation:

    Bellue Inc.

    Variable costing net operating income$98,200

    Less fixed manufacturing overhead costs released from inventory

    under absorption costing (2,700 units * 3 per unit) (8,100)

    Absorption costing net operating income $90,100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Bellue Inc. manufactures a single product. Variable costing net operating income was $98,200 last year and its inventory decreased by 2,700 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers