Mcferrin Corporation Manufactures a Variety of Products

question 61

Multiple Choice

Mcferrin Corporation manufactures a variety of products. Last year, the company's variable costing net operating income was $53,200. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $32,900. What was the absorption costing net operating income last year?

• A) $86,100
• B) $20,300
• C) $32,900
• D) $53,200

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Definitions:

Harm Reduction

A set of practical strategies and ideas aimed at reducing negative consequences associated with drug use and other risky behaviors.

Metabolizes Alcohol

The process by which the body breaks down alcohol through enzymes, primarily in the liver, converting it into substances that can be eliminated.

Antabuse

A prescription medication used to treat alcohol dependency, creating an adverse reaction to alcohol consumption.

Stress Relief

Various methods or activities aimed at reducing the physical or emotional effects of stress on an individual.