Question: 4. value: 3.75 points Required information 2. In Year 4, the companys variable costing net operating income was $257,600 and its absorption costing net operating

4.

value: 3.75 points

Required information

2.

In Year 4, the companys variable costing net operating income was $257,600 and its absorption costing net operating income was $277,600.

a. Did inventories increase or decrease during Year 4?
Increase
Decrease

b.

How much fixed manufacturing overhead cost was deferred in or released from inventory during Year 4?

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