Last Year,Salada Corporation's Variable Costing Net Operating Income Was $97,000

question 133

Multiple Choice

Last year,Salada Corporation's variable costing net operating income was $97,000.Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $14,000.What was the absorption costing net operating income last year?

• A)$14,000
• B)$111,000
• C)$97,000
• D)$83,000

---

Definitions:

Promoted

Refers to the act of raising someone to a higher position or rank within an organization.

Top-Management Leadership

The strategic direction and guidance given by the highest levels of an organization's leadership, influencing its culture and performance.

Organizational Culture

A system of shared assumptions, values, and beliefs, which governs how people behave in organizations.

Ethical Dilemmas

Situations where a person must choose between two or more conflicting moral principles.