Question: A company's operating income was $70,000 using variable costing for a given period. Beginning and ending inventories for that period were 45,000 units and 50,000

given period. Beginning and ending inventories for that period were 45,000 units

A company's operating income was $70,000 using variable costing for a given period. Beginning and ending inventories for that period were 45,000 units and 50,000 units, respectively. Ignoring income taxes, if the fixed factory overhead application rate was $8.00 per unit, what would operating income have been using full costing? Multiple Choice O $30,000. Cannot be determined from the information given. $110,000. $140,000. $100,000

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