Moises Corporation manufactures a single product. Last year, the company's variable costing net operating income was $68,000 and ending inventory decreased by 900 units. Fixed manufacturing overhead cost per unit was $6 in both beginning and ending inventory.Required:Determine the absorption costing net operating income for last year.

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The Answer of Moises Corporation manufactures a single product. Last year, the company's variable costing net operating income was $68,000 and ending inventory decreased by 900 units. Fixed manufacturing overhead cost per unit was $6 in both beginning and ending inventory.Required:Determine the absorption costing net operating income for last year.

Moises Corporation Manufactures a Single Product