Last Year, Walters Corporation's Variable Costing Net Operating Income Was

question 192

Multiple Choice

Last year, Walters Corporation's variable costing net operating income was $60,800 and its inventory decreased by 200 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?

• A)$60,800
• B)$60,200
• C)$600
• D)$61,400