The following income statements are provided for Li Company's last two years of operation: Assuming that cost behavior did not change over the two year period, what is the annual amount of the company's fixed manufacturing overhead?
A) $12,000
B) $24,000
C) $26,000
D) none of these

Question

The following income statements are provided for Li Company's last two years of operation:  Assuming that cost behavior did not change over the two year period, what is the annual amount of the company's fixed manufacturing overhead?
A) $12,000 
B) $24,000 
C) $26,000 
D) none of these

Quizplus · Accepted Answer

The Answer of The following income statements are provided for Li Company's last two years of operation:  Assuming that cost behavior did not change over the two year period, what is the annual amount of the company's fixed manufacturing overhead?
A) $12,000 
B) $24,000 
C) $26,000 
D) none of these

The Following Income Statements Are Provided for Li Company's Last