Rose Corporation produces a single product. Last year, the company had net operating income of $50,000...
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Rose Corporation produces a single product. Last year, the company had net operating income of $50,000 using variable costing. Beginning and ending inventories were 13,000 units and 18,000 units, respectively. If the fixed manufacturing overhead cost was $2.00 per unit, what would have been the net operating income using absorption costing? 1. O$40,000 2. $50,000 3. $60,000 4. $86,000 Rose Corporation produces a single product. Last year, the company had net operating income of $50,000 using variable costing. Beginning and ending inventories were 13,000 units and 18,000 units, respectively. If the fixed manufacturing overhead cost was $2.00 per unit, what would have been the net operating income using absorption costing? 1. O$40,000 2. $50,000 3. $60,000 4. $86,000
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Option 3 60000 is the correct answer Operating income ... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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