Describe how use of absorption costing in determining income can lead to over-production and a buildup of
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Absorption costing can lead to overproduction for two reasons a Fixed ove...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
How can absorption costing lead to incorrect short-run pricing decisions?
-
Explain why absorption costing and marginal costing may lead to different measures of profit in a period?
-
Joshua Company has determined the following selling price and manufacturing cost per unit based on normal production of 72,000 units per year: October has no beginning inventories. Required: Prepare...
-
Prove the following statement: If a transformer having a series impedance Ze is connected as an autotransformer, its per-unit series impedance Z as an autotransformer will be SE Zoq NSE + NC Note...
-
The financial statements of Deutsche Lufthansa AG for the year ended December 31, 2011, are available on the www.lufthansa.com website. Instructions (a) What is included in the current liabilities...
-
The trial balance of De Bortoli Co. shown below does not balance. Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the...
-
Situational and Contingency theory: A. Embodies the idea that the leader does the right thing based on the situation. B. Involves assessing the nature of the task and the followers motivation to...
-
During the last week, Sundara has read about different situations that involve money, interest rate, and different amounts of time. She has gotten interested in the major effects that time and...
-
Is there a relationship to magnitude and amount of deaths? Provide example
-
Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to...
-
When units produced exceed units sold for a reporting period, would income under variable costing be greater than, equal to, or less than income under absorption costing? Explain.
-
What conditions must exist to achieve accurate short-run pricing decisions using variable costing?
-
Describe the three Hispanic generational groups identified by the Pew Hispanic Center.
-
Contrast the objectives of comparing (a) totals of deposit slips with cash summaries and (b) details of deposit slips with individual entries in the cash receipts journal?
-
Explain the primary activities of the (a) timekeeping and (b) payroll departments.
-
What authorizations are required for payroll transactions? For each authorization identify the department or individual who should make the authorization.
-
Discuss why the principal risk associated with the audit of purchases and creditors is understatement.
-
What are the major files and printed outputs of computer activities for processing purchase transactions?
-
Tube Tunnel has the following information in its Cash account for July: i Paid employees: $18 000 ii Paid suppliers: $8000 iii Cash sales: $44 000 iv Collected interest: $3200 v Paid interest: $2000...
-
Use the T account for Cash below to record the portion of each of the following transactions, if any that affect cash. How do these transactions affect the companys liquidity? Jan. 2 Provided...
-
Consider the second order stress tensor representation ij = ,kk ij , ij , whereis a proposed stress function. First show that this scheme gives a divergence-less stress; i.e. ij,j = 0. Next using...
-
Kohler Corporation reports the following components of stockholders equity on December 31, 2013: Common stock $ 10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding . . . . ....
-
At September 30, the end of Beijing Companys third quarter the following stockholders equity accounts are reported. Common stock, $ 12 par value . . . . . . . . . . . . . . . . . . . . . . . . $...
-
The equity sections from Atticus Groups 2013 and 2014 year- end balance sheets follow. Stockholders Equity (December 31, 2013) Common stock $ 4 par value, 100,000 shares authorized, 40,000 shares...
-
S MC.17.030.Algo Question 38 of 42 Last year Godinho Corp. had $476.0 million of sales, and it had $75.0 million of fixed assets that were being operated at 80% of capacity. In millions, how large...
-
Quantitative Questions: 1. A company has bonds on the market making annual coupon payments. The bonds have 7 years to maturity, a par value of $1,000, and selling for $986. At this price, the bonds...
-
Different investor weights. Two risky portfolios exist for investing one is a bond portfolio with a beta of 0.7 and an expected return of 7.4%, and the other is an equity portfolio with a beta of 1.1...
Study smarter with the SolutionInn App