Davis Corporation Manufactures Assignment
Davis Corporation manufactures a variety of products. The following data pertains to the company's operations over the last two years:
| Variables costing net operating income, 2013 | $55,800 |
| Variables costing net operating income, 2014 | $74,500 |
| Inventory (units), January 1st, 2013 | 10,000 |
| Inventory (units), December 31st, 2013 | 13,600 |
| Inventory (units), December 31st, 2014 | 12,100 |
| Production (units) per year for 2013 and 2014 | 100,000 |
1. Determine the absorption costing net operating income for 2013, please show your work.
2. Determine the absorption costing net operating income for 2014, please show your work. Get Accounting homework help today
