Moskowitz Corporation has provided the following data for its two most recent years of operation: The net operating income (loss) under absorption costing in Year 2 is closest to:
A) $56,000
B) $224,000
C) $80,000
D) $164,000

Question

Moskowitz Corporation has provided the following data for its two most recent years of operation:   The net operating income (loss) under absorption costing in Year 2 is closest to:
A) $56,000 
B) $224,000 
C) $80,000 
D) $164,000

Quizplus · Accepted Answer

Absorption costing unit product costs:
 11eacbfc_c6db_291c_8ffe_cb535956387b_TB7552_00 Absorption costing income statement:
 11eacbfc_c6db_291d_8ffe_93ef084c74a9_TB7552_00

Moskowitz Corporation Has Provided the Following Data for Its Two