Question: Accounting Units produced Question#03: a) Explain the following table- Relation of Production & Sale Units produced = Units sold Units produced > Units sold Effect

Accounting

Question#03: a) Explain the following table- Relation of Production & Sale Units

produced = Units sold Units produced > Units sold Effect on Inventory

Units produced

Question#03: a) Explain the following table- Relation of Production & Sale Units produced = Units sold Units produced > Units sold Effect on Inventory No change in inventories Inventories increase (1.5+4.5=6) Relation Between Absorption Variable Net income Absorption NI = Variable NI Absorption NI > Variable NI

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