Business, 21.04.2020 17:33 lenniestreet10

Lasorsa Corporation manufactures a single product. Variable costing net operating income last year was $86,000 and this year was $98,000. Last year, $4,000 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $27,000 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.
What was the absorption costing net operating income this year?

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Lasorsa Corporation manufactures a single product. Variable costing net operating income last year w...