Ask Question
26 February, 04:05

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?

+3
Answers (1)
  1. 26 February, 04:08
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers