Elliot Corporation, which has only one product, has provided the following data concerning its most recent month of operations: What is the net operating income for the month under absorption costing?
A)$(19, 600)
B)$9, 600
C)$8, 400
D)$18, 000

Question

Elliot Corporation, which has only one product, has provided the following data concerning its most recent month of operations:  What is the net operating income for the month under absorption costing?
A)$(19, 600) 
B)$9, 600 
C)$8, 400 
D)$18, 000

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eaa0c8_95ba_9e48_9cb2_4f1bcd65c950_TB2487_00 
 11eaa0c8_95ba_9e49_9cb2_df79e755b692_TB2487_00

Elliot Corporation, Which Has Only One Product, Has Provided the Following