A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the net operating income for the month under absorption costing?
A) $11,900
B) $(20,200)
C) $14,600
D) $2,700

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:  What is the net operating income for the month under absorption costing?
A) $11,900 
B) $(20,200) 
C) $14,600 
D) $2,700

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eacbfc_c6b1_cec5_8ffe_9b34d23ee1c0_TB7552_00 Absorption costing income statement:
 11eacbfc_c6b1_cec6_8ffe_c3affcb3d69d_TB7552_00

A Manufacturing Company That Produces a Single Product Has Provided