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17 April, 23:10

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?

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  1. 18 April, 02:36
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    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
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Home » Business » 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.
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