The following data pertain to last year's operations at Clarkson, Incorporated, a company that produces a single product: What was the absorption costing net operating income last year?
A) $44,000
B) $48,000
C) $50,000
D) $49,000

Question

The following data pertain to last year's operations at Clarkson, Incorporated, a company that produces a single product:  What was the absorption costing net operating income last year?
A) $44,000 
B) $48,000 
C) $50,000 
D) $49,000

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eacbfc_c6b1_327f_8ffe_a951064bf613_TB7552_00 Absorption costing income statement:
 11eacbfc_c6b1_3280_8ffe_a5abb680c9a5_TB7552_00

The Following Data Pertain to Last Year's Operations at Clarkson