Moises Corporation manufactures a single product.Last year,the company's variable costing net operating income was $68,000 and ending inventory decreased by 900 units.Fixed manufacturing overhead cost per unit was $6 in both beginning and ending inventory.
Required:
Determine the absorption costing net operating income for last year.Show your work!

Question

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The Answer of Moises Corporation manufactures a single product.Last year,the company's variable costing net operating income was $68,000 and ending inventory decreased by 900 units.Fixed manufacturing overhead cost per unit was $6 in both beginning and ending inventory.
Required:
Determine the absorption costing net operating income for last year.Show your work!

Moises Corporation Manufactures a Single Product