Helmers Corporation Manufactures a Single Product

question 121

Multiple Choice

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 this year?

• A) $81,000
• B) $83,000
• C) $115,000
• D) $123,000

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Definitions:

Undifferentiated

Lacking distinct or specialized characteristics, often used in the context of marketing or biology.

Bem's Sex Role Inventory

A psychological test that measures a person's masculinity and femininity based on societal expectations.

Androgyny

The combination of masculine and feminine characteristics into an ambiguous form.

Sandra Bem

A psychologist known for her work on gender roles, gender schema theory, and the Bem Sex-Role Inventory, a tool used to explore how individuals identify with traditionally masculine or feminine traits.