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helmers corporation manufactures a single product variable costing net operating...

Question: helmers corporation manufactures a single product variable costing net operating...

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Helmers Corporation manufactures a single product. Variable costing net operating income last year was $83,000 and this year was $99,500. Last year, $30,900 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $11,700 in fixed manufacturing overhead costs were deferred in inventory under absorption costing What was the absorption costing net operating income last year? Multiple Choice $87,800 $83,000 $52,100 $113.900

Tubaugh Corporation has two major business segments-East and West. In December, the East business segment had sales revenues of $380.000, varlable expenses of $205,000, and traceable fixed expenses of $45,000. During the same month, the West business segment had sales revenues of $1,050,000, varlable expenses of $536,000, and traceable fixed expenses of $201,000. The common fixed expenses totaled $310,000 and were allocated as follows: $155,000 to the East business segment and $155,000 to the West business segment The contribution margin of the West business segment is Multiple Choice $514,000 $(23,000, $705,000 $130,000

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