Rhea 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) $6,000
B) $99,000
C) ($2,000)
D) $71,000

Question

Rhea 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) $6,000 
B) $99,000 
C) ($2,000) 
D) $71,000

Quizplus · Accepted Answer

Absorption costing unit product costs:
 11ea7761_180e_1399_81a5_0df4d1e051d2_TB2580_00 Absorption costing income statement:
 11ea7761_180e_139a_81a5_79e2f21cf02d_TB2580_00

Rhea Corporation Has Provided the Following Data for Its Two