If production exceeds sales, which method would you expect to show the higher net operating income, variable
Question:
If production exceeds sales, 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: 60% (15 reviews)
If production exceeds sales absorption costing will usually show higher net operating ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
Which SN2 reaction of each pair would you expect to take place more rapidly in a protic solvent? (a) (1) Or (2) (b) (1) Or (2) (c) (1) Or (2) (d) (1) Or (2) Br (1.0M)-MeO(1.0M)-. / OMe + Br
-
Which SN1 reaction of each pair would you expect to take place more rapidly? Explain your answer. (a) (1) Or (2) (b) (1) Or (2) (c) (1) Or (2) (d) (1) Or (2) (e) (1) Or (2) OH + HCI HHBr Br + HCI +...
-
Which alkyl halide would you expect to react more rapidly by an SN2 mechanism? Explain your answer. (a) (b) (c) (d) (e) Br r or or CI
-
PacTec Luggage Shop is a small retail establishment located in a large shopping mall. This shop has implemented the following procedures regarding inventory items: a. Since the display area of the...
-
The summarized statements of financial position as at 31 March 20X1 and 31 March 20X2 of Higher Ltd are as follows: Additional information 1. Non-current assets Non-current assets disposed of during...
-
Do you think this is an issue worth generating conflict over? What are the potential costs and benefits of Matt and Peter having an open discussion of the issues?
-
Consider the methanol oxidation data in Table B.20. Perform a thorough analysis of these data. What conclusions do you draw from this residual analysis? x x2 X3 X4 0 454 8.8 3.90 1.30 1.1 0 474 8.2...
-
The following schedule of capital assets was obtained from the records of the city of Elmcreek: City of Elmcreek Schedule of General Fixed Assets December 31, 2018 Governmental activities: Land. . ....
-
Get the data set of these topologies from Internet Topology Zoo [1], download GML, GraphML files of DFN and AARNet topology. Using auto Mininet [4] convert them into .py format. Use any one topology...
-
The table below shows Crystal's total cost of producing different quantities of tie-dyed t-shirts for a local arts festival. Instructions: Enter your answers as a whole number. a. Complete the...
-
If production and sales are equal, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
-
If fixed manufacturing overhead costs are released from inventory under absorption costing, what does this tell you about the level of production in relation to the level of sales?
-
If the minimum stock level and average stock level of raw-material A are 4,000 and 9,000 units respectively, find out its ''Re-order quantity''.
-
Provide the definition of the bullwhip effect and cite your source for it. Also, in a bulleted list, identify what can mitigate the bullwhip effect and cite your source for it (it can be from the...
-
One of the basic principles of economics is "Rational People make optimal decisions at the margin." In an organizational setting, sometimes rationality can be a hindrance to progress and innovation....
-
Think about an effective team you have been on. What made it effective? Think about an underperforming team you have been on. Why was it underperforming? List two norms each for two of the groups to...
-
From the material presented in the module, please chose two leadership concepts (i.e. theories e.g. leadership traits; distributed leadership; servant leadership; leadership styles etc). Critically...
-
Managers implement the best practices and ideas of others. Leaders bring new ideas and practices to the organization they lead. Select either the role of manager or leader. Write and action plan for...
-
What is the result of compiling and executing the following program? A. The code does not compile. B. The code compiles and prints a NullPointerException at runtime. C. The code compiles but does not...
-
Dr. Chan obtained a $15,000 demand loan at prime plus 1.5% on September 13 from the Bank of Montreal to purchase a new dental X-ray machine. Fixed payments of $700 will be deducted from the dentists...
-
(a) Use standard reduction potentials to calculate the potential of a nickel-cadmium cell that uses a basic electrolyte. The nickel in NiO(OH)(s) is reduced to Ni(OH) 2 (s), and cadmium metal is...
-
For many years, automobile companies were highly decentralized in terms of functions. The most obvious effect of this heavy decentralization of function was apparent when all the groups needed to...
-
Bennington Home Products sells home products. It buys products for resale from suppliers all over the world. The products are organized into groups. A few examples of these groups are floor care...
-
Some people and organizations believe that the discussion of controllable and uncontrollable events is distracting in the sense that it encourages finger-pointing and an excessive preoccupation with...
-
The quality-control department of Starr Communications, the manufacturer of video-game DVDs, has determined from records that 1.6% of the DVDS sold have video defects, 0.9% have audio defects, and...
-
What is the half-life in hours of procainamide in a patient whose total clearance is estimated to be 20 L/h and the volume of distribution is 120 L assuming one compartment, open model, first- order...
-
1. The technologies, such as ChatGPT, has been launched before introducing even a baseline of safety measures. This goes back to trade-offs that companies make, and people just watch the impact from...
Study smarter with the SolutionInn App