Last year, Walters Corporation's variable costing net operating income was $60,800 and its inventory decreased by 200 units. Fixed manufacturing overhead cost was $3 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?
A)$60,800
B)$60,200
C)$600
D)$61,400

Question

Quizplus · Accepted Answer

The Answer of Last year, Walters Corporation's variable costing net operating income was $60,800 and its inventory decreased by 200 units. Fixed manufacturing overhead cost was $3 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?
A)$60,800
B)$60,200
C)$600
D)$61,400

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