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

question 96

Multiple Choice

Last year, Gransky Corporation's variable costing net operating income was $52,100 and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7 per unit. What was the absorption costing net operating income last year?

• A) $52,100
• B) $2,800
• C) $54,900
• D) $49,300

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