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What was the absorption costing net operating income

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Reference no: EM132855702

Question - Norenberg Corporation manufactures a single product. The following data pertain to the company's operations over the last two years:

Variable costing net operating income, last year $88,600

Variable costing net operating income, this year $96,100

Beginning inventory, last year 0 units

Ending inventory, last year 3,600 units

Ending inventory, this year 1,300 units

Fixed manufacturing overhead cost per unit this year and last year $7 per unit

Required - What was the absorption costing net operating income this year?

Reference no: EM132855702

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