Sipho Corporation manufactures a single product. Last year, the company's variable costing net operating income was $90,900. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $21,900. What was the absorption costing net operating income last year?
A) $69,000
B) $90,900
C) $21,900
D) $112,800

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The Answer of Sipho Corporation manufactures a single product. Last year, the company's variable costing net operating income was $90,900. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $21,900. What was the absorption costing net operating income last year?
A) $69,000
B) $90,900
C) $21,900
D) $112,800

Sipho Corporation Manufactures a Single Product