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

---

Definitions:

Music

The art of arranging sounds in time to produce a composition through the elements of melody, harmony, rhythm, and timbre.

Temperamental Individuality

Variations among individuals in their emotional responses, levels of activity, and attentional capacity from birth, often considered as the foundational aspects of personality.

Age

The length of time that a person or thing has existed, typically measured in years.

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.