If the units produced equals the units sold, which method would you expect to show the higher
Question:
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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
Absorption costing would be expected to show the higher net operating income because ...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 exceed 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?
-
If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20 billion, induced consumption expenditure is Question 5 options: a) $135 billion. b) $200 billion. c) $180 billion. d)...
-
How would the balance sheet of a life insurance company change if it offered to run a private pension fund for another company?
-
What is the difference between real objects and virtual objects? Give an example for each.
-
For pumping molasses, it is preferable to employ (a) reciprocating pump (b) centrifugal pump (c) open impeller pump (d) rotary pump
-
This case provides a history of Chevrolet, a review of its product line and marketing program, and a discussion of Chevrolets competitiveness against its rivals. There are many ways to approach this...
-
Discuss the effect of fiscal policy on inflation. Discuss the effect of persistent fiscal stimulus on the economy in the long run. Describe the mechanism of how changes in fiscal policy affect output...
-
A major pharmaceutical wholesaler buys brand drugs from a manufacturer at wholesale prices and sells them to pharmacies at retail prices. It estimates that the wholesale (W) price, the retail (R)...
-
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...
-
In the simple theory developed in the chapter, why is the stock price equal to the dividend divided by interest rate (net of the capital gain)?
-
Was Mother Teresa rational? (Religious)
-
In what way is nudge policy paternalistic?
-
What is a nudge policy? Give an example.
-
The dissident Russian writer A. Amalrik has written: The Russian people . . . have . . . one idea that appears positive: the idea of justice. . . . In practice, justice involves the desire that...
-
How can a nudge be defined as libertarian?
-
The lognormal distribution, on which Example 2.3.10 is based, has an interesting property. If we have the pdf then Exercise 2.35 shows that all moments exist and sire finite. However, this...
-
Rewrite Programming Exercise 7.5 using streams. Display the numbers in increasing order. Data from Programming Exercise 7.5 Write a program that reads in 10 numbers and displays the number of...
-
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...
-
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external...
-
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external...
-
Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, ...
-
I need one to three paragraphs written about the awk command in unix. Everything should be in a power point presentation. Make sure it contains the following: Command name Description How to use the...
-
If a firm does not grow as expected subsequent to convertible or bond-with-warrant issues, does that make it more or less likely that the securities will be converted or exercised?
Study smarter with the SolutionInn App