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Helmers Corporation manufactures a single product. Variable costing net operating income last year was $86,000 and this year was $103,000. Last year, $32,000 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $12,000 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.What was the absorption costing net operating income last year?
Condition Passed
The state of having moved beyond a particular condition, problem, or stage, often implying improvement or resolution.
Vulnerability-Stress Perspective
A theory suggesting that psychopathology develops due to a combination of genetic vulnerabilities and environmental stressors.
Genetically Susceptible
Having an increased likelihood of developing a particular disease or condition due to one's genetic makeup.
Coping Skills
Techniques and strategies individuals use to manage and overcome stressors and challenges in life.
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