Sechrest Corporation manufactures a single product. Last year, the company's variable costing net operating income was $80,500. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $18,400. What was the absorption costing net operating income last year?
A)$18,400
B)$80,500
C)$98,900
D)$62,100

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The Answer of Sechrest Corporation manufactures a single product. Last year, the company's variable costing net operating income was $80,500. Fixed manufacturing overhead costs released from inventory under absorption costing amounted to $18,400. What was the absorption costing net operating income last year?
A)$18,400
B)$80,500
C)$98,900
D)$62,100

Sechrest Corporation Manufactures a Single Product