If the units produced exceed the units sold, which method would you expect to show the higher
Question:
If the units produced exceed the units sold, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Variable costing because absorption costing ignores fixed assets This is because it ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Introduction To Managerial Accounting
ISBN: 9781265672003
9th Edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
Question Posted:
Students also viewed these Business questions
-
If the units produced equals the units sold, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
-
If production exceeds sales, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
-
If production and sales are equal, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
-
A company is considering purchasing either Machine I or Machine II. The following data apply: O $21,500 O $26,575 $27,080 Parameter The annual interest rate is 10%, and all cash flows may be treated...
-
How does the regulation of insurance companies differ from the regulation of depository institutions? What are the major pieces of life insurance regulatory legislation?
-
Property Density Yield Strength Ultimate Tensile Strength Poisson Ratio Shear Modulus ASTM A710 Steel AA 7075 2.81 503 572 7.8 585 620 0.29 80 Young's Modulus 205 Dimensions Side bar (C-Channel) =...
-
What is the main concern that organizations have about the IoT?
-
The data in Exhibit 11.3 on industry median betas suggest that firms in the following three sets of related industries have different degrees of systematic risk. Median Beta during 19992007 Utilities...
-
13. A 5.0-kg box slides down on the surface on a ramp (incline) that rises at 37 above the horizontal. If the acceleration of the box is 7.2 m/s, what is the force of friction on the box? (The x-...
-
You will play the roles of a Freight Forwarder and a materials and distribution manager for Apotex Pharmaceuticals in Toronto. Your role is the materials and distribution manager for Apotex...
-
Explain how the contribution margin differs from the segment margin.
-
Neptune Company has developed a small inflatable toy that it is anxious to introduce to its customers. The companys Marketing Department estimates that demand for the new toy will range between...
-
Data for Saffordville Company are presented in P13-9B. Further analysis reveals that accounts payable pertain to merchandise creditors. In P13-9B, Condensed financial data of Saffordville Company are...
-
Define anti-patterns, functional decomposition and the relationship between them.
-
The table shows experimental values of the variables x and y. a. Draw the graph of xy against x 2 . b. Use your graph to express y in terms of x. c. Find the value of x and the value of y for which...
-
How does the concept of inheritance relate to component-based development?
-
What are the components of a statechart diagram?
-
Why can patterns be labeled experienced reuse?
-
For the function defined in Problem 1D, make a careful drawing of the graph off for - 1.5 x 15 and the tangents to the curve at x = 0.5 and x = - 1; on this drawing label dy and dx for each of the...
-
The 2017 financial statements of the U.S. government are available at: https://www.fiscal.treasury.gov/fsreports/rpt/finrep/fr/fr_index.htm Use these to answer the following questions: a. Statement...
-
Changes in Cost Structure; Break-Even Analysis; Operating Leverage; Margin of Safety Morton Companys contribution format income statement for last month is given below: The industry in which Morton...
-
Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: Wes, Im not sure how to go about answering the questions that came...
-
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan...
-
(3) Calculate m(R) (volume of R) Given: R is the region of the 3- dim space, defined by: 3 Upper border: Z = 92 (x, y) = 3x+5y3 Lower border: Z = 9, (x,y) = x+y xy projection: D= pr (R) = triangle...
-
Explain what is Model, Strategy, Algorithm in math teaching? How is it similar/compare to 'algorithm' language of borrow or carry over in subtraction
-
Directions and Info for Building 1. Use a program where you can draw and type, like pages, or you can draw this out on a piece of paper and take a picture to submit. 2. You will begin with the...
Study smarter with the SolutionInn App