This paper circulates around the core theme of What is the absorption costing net operating income from last year? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Mitchel Corporation manufactures a single product. Last year,
variable costing net operating income was $55,000. The fixed
manufacturing overhead costs released from inventory under absorption
costing amounted to $24,000.
What is the absorption costing net operating income from last year?