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?
-
Give three specialized subclasses for the Student class.
-
For pumping mustard oil from a drum, a suitable pump is (a) reciprocating pump (b) vane pump (c) centrifugal pump (d) gear pump
-
XYZ Company collects payment on 50 percent of credit sales in the month of sale, 40 percent in the month following sale, and 5 percent in the second month following the sale. Its sales budget is as...
-
3) A beam of square cross section of the dimensions shown below is subjected to a shear force of V = 8 kN. (a) Calculate the average shear stress at the neutral axis (y' = 0), (b) at y' = 0.01 m and...
-
Develop an MRP record, similar to the one in Figure 4-17, for wheat germ for the five weeks of January. Wheat germ must be ordered in bulk-container quantities, so the planned orders must be in...
-
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...
-
The Tarasoff holding 1. blurs the line for professionals between protecting others and preserving the confidentiality of communications between themselves and their clients. 2. holds professionals...
-
What is a regression?
-
Early Classical economists found the following diamond/water paradox perplexing: Why is water, which is so useful and necessary, so cheap, when diamonds, which are so useless and unnecessary, so...
-
Some economists argue that a class distinction should be made between managerial decision makers and other workers. Do you agree? Why or why not?
-
What is a coordination mechanism? Give an example.
-
Is the supply/demand model a path-dependent model? Why or why not?
-
Referring to the situation described in Miscellanea 2.6.3: (a) Plot the pdfs f1 and f2 to illustrate their difference. (b) Plot the cumulant generating functions K1 and K2 to illustrate their...
-
Thalina Mineral Works is one of the worlds leading producers of cultured pearls. The companys condensed statement of cash flows for the years 20182020 follows. Required Comment on Thalina Mineral...
-
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...
-
Ned needs to produce more of his two products in order to increase his net income and has found a way to increase the limited resource, machine hours. He has two products, hammers and screwdrivers.....
-
What effect does an antagonist drug have over the receptors ?
-
Read this article on the differences and Comparisons between UNIX and LINUX http://www.diffen.com/difference/Linux_vs_Unix, then do some research and post your thoughts on each of the systems. Based...
Study smarter with the SolutionInn App