Homeyer Corporation has provided the following data for its two most recent years of operation: The net operating income (loss) under absorption costing in Year 1 is closest to:

A) $102,000
B) $30,000
C) $176,000
D) $208,000

Question

Homeyer Corporation has provided the following data for its two most recent years of operation:

The net operating income (loss) under absorption costing in Year 1 is closest to:

A) $102,000
B) $30,000
C) $176,000
D) $208,000

Reynalene Paral · Accepted Answer

Final Answer : A, Explanation :  Absorption costing unit product cost:   Absorption costing income statement:

Learning Objectives