Question: If a company utilizes level production: Multiple select question. inventory will change with changes in sales if sales decrease inventory will increase inventory will remain

If a company utilizes level production: Multiple select question. 

inventory will change with changes in sales 

if sales decrease inventory will increase

 inventory will remain the same with changes in sales 

if sales increase inventory will decrease



Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below The correct answers are Inventory will ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

Q:

Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...

Q:

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q:

Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct...

Q:

Please answer the following questions below, thank you!! F H Question 2-Segmented Income Statement & Product line Analysis (41 marks) Mountain Sports carries a limited line of products and services...

Q:

D G 1 Question 2 - Segmented Income Statement Product line Analysis (41 marts H 12 Mountain Sports carries a limited line of products and services that can be divided into four departments segments)...

Q:

Mountain Sports carries a limited line of products and services that can be divided into four departments (segments): 1. Cross-country ski packages (skis, boots, and poles), 2. Mountain bikes...

Q:

Check figures - Question 2 TOTAL CONTRIBUTION MARGIN 244,711 36.1% 258,611 33.0% 185.535 49.5% 93,263 80.3% 782,119 40.1% Less: Traceable Fixed Costs (MUST BE LISTED ALPHABETICALLY) TOTAL Traceable...

Q:

1222 Mountain Sports Lid! Segmented Income Statement First empt statement think it's safe to say that I need het! For the Year Ended Dec 31, 2019 Cross Country Ski Mountain Accessor Parts & 10 Notes...

Q:

HI, HELP ME WITH STEP BY STEP PLEASE, THANK YOU G37 X fx 100% H A B D E F 1 Question 1: Cost Classifications, CVP Income Statement & Analysts (31 marks) 2 3 Note from Kelly, the junior accountant: Hi...

Q:

What is the rationale for including a call provision in the indenture of a bond issue? How do bond investors typically respond to the inclusion of a call provision?

Q:

While walking, the arms swing under the force of gravity. Compute the period of the swing. How does this period compare with the period of the leg swing? Assume arm length of 90 cm.

Q:

( 3 ) / ( 2 ) ln ( - 2 x + 1 ) - 1 ? ( Round to two decimal places ) 0 . 2 3 - 0 . 4 7 - 1 . 2 5 2 . 3 1

Q:

National Chemical Company manufactures a chemical compound that is sold for $58 per gallon. A new variant of the chemical has been discovered, and if the basic compound were processed into the new...

Q:

Assume that you have decided to drive your car to Florida for the spring break. A classmate learns about your plans and asks about riding along with you. Explain how you would apply each of the...

Q:

Romano Corporation has three operating divisions and requires a 12% return on all investments. Selected information is presented here: Required: a. Calculate the missing amounts for each division. b....

Q:

Birchwood, Inc., manufactures end tables, armchairs, and other wood furniture products from high-quality materials. The company uses a standard costing system and isolates variances as soon as...

Q:

The cost formula for the maintenance department of Rainbow, Ltd., is $12,600 per month plus $4.50 per machine hour used by the production department. Required: a. Calculate the maintenance cost that...

Q:

Barb has always loved Adidas apparel for its style and comfort. She needs a new workout jacket, so she purchases one online at the Adidas site. This is an example of which type of purchase...

Q:

JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS Al December 30, 2018 and Deerber 31, 2017 (Dollars in Millions Except Share and Per Share Anul Note 1) Cash and cash equivalents (Notes...

Q:

JOHNSON A JOHNSON AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AI December 3e, 2018 and December 31, 2017 (Dollars in Millios Except Share and Per Share Amoun (Nete 1) 2018 2017 Assets Curreat asets...

Q:

JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 2017 76,450 25,439...

Q:

Company History and Sales Projections Retro Vinyl (RV) produces bespoke cabinetry for vinyl record players in Santa Fe, New Mexico. The company utilizes heart of pine wood to manufacture truly unique...

Q:

303 DEVELOPING A PROGRAM PHILOSOPHY AND RATIONALE STATEMENT Previous chapters have discussed the processes used in developing new courses and improving programs and fields of study. Each of these...

Q:

] repare a budgeted Income Statement and a budgeted Statement of Retained Earnings for the year ending December 31, 2020, using absorption costing. Prepare a budgeted Balance Sheet at December 31,...