Question: Can you solve this general accounting problem using accurate calculation methods? Westfield Industries reported a variable costing operating income of $342,500 for the year 2023.

Can you solve this general accounting problem using accurate calculation methods?

Can you solve this general accounting problem
Westfield Industries reported a variable costing operating income of $342,500 for the year 2023. The company's inventory decreased from 52,000 units to 42,000 units during 2023. Fixed manufacturing overhead for both 2022 and 2023 was $1,600,000, with annual production of 200,000 units. Calculate the absorption costing operating income for 2023

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