Assume a denominator level of 20,000 units and that Orca uses LIFO and closes any volume variance to cost of goods sold. Operating income for 2005 using absorption costing was
A) $103,500
B) $104,400
C) $95,400
D) $85,500

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The Answer of Assume a denominator level of 20,000 units and that Orca uses LIFO and closes any volume variance to cost of goods sold. Operating income for 2005 using absorption costing was
A) $103,500
B) $104,400
C) $95,400
D) $85,500

Assume a Denominator Level of 20,000 Units and That Orca