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Sechrest Corporation manufactures a single product. Last year, the company's variable costing net operating income...

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Accounting

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?

$18,400

$80,500

$98,900

$62,100

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