The following information pertains to Stone Wall Corporation:
$\begin{array}{ll}\text { Beginning fixed manufacturing overhead in inventory }&\$70,000\
\text { Ending fixed manufacturing overhead in inventory } & 49,000 \
\text { Beginning variable manufacturing overhead in inventory } & \$ 34,000 \
\text { Ending variable manufacturing overhead in inventory } & 18,000
\end{array}$

What is the difference between operating incomes under absorption costing and variable costing?
A)$3,000
B)$37,000
C)$21,000
D)$10,500

Question

The following information pertains to Stone Wall Corporation:
$\begin{array}{ll}\text { Beginning fixed manufacturing overhead in inventory }&\$70,000\
\text { Ending fixed manufacturing overhead in inventory } & 49,000 \
\text { Beginning variable manufacturing overhead in inventory } & \$ 34,000 \
\text { Ending variable manufacturing overhead in inventory } & 18,000
\end{array}$

What is the difference between operating incomes under absorption costing and variable costing?
A)$3,000 
B)$37,000 
C)$21,000 
D)$10,500

Quizplus · Accepted Answer

The Answer of The following information pertains to Stone Wall Corporation:
$\begin{array}{ll}\text { Beginning fixed manufacturing overhead in inventory }&\$70,000\
\text { Ending fixed manufacturing overhead in inventory } & 49,000 \
\text { Beginning variable manufacturing overhead in inventory } & \$ 34,000 \
\text { Ending variable manufacturing overhead in inventory } & 18,000
\end{array}$

What is the difference between operating incomes under absorption costing and variable costing?
A)$3,000 
B)$37,000 
C)$21,000 
D)$10,500

The Following Information Pertains to Stone Wall Corporation What Is the Difference Between Operating Incomes Under Absorption Costing