Last year, Rochester Corporation's variable costing net operating income was $78,000. The fixed manufacturing overhead costs released from inventory under absorption costing amounted to $39,000.
Required:
Determine the absorption costing net operating income last year. Show your work!

Question

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The Answer of Last year, Rochester Corporation's variable costing net operating income was $78,000. The fixed manufacturing overhead costs released from inventory under absorption costing amounted to $39,000.
Required:
Determine the absorption costing net operating income last year. Show your work!

Last Year, Rochester Corporation's Variable Costing Net Operating Income Was