Question: Please help answer question 11-15 When reconciling variable costing and absorption costing net operating income, forced manufacturing over head costs deferred in inventory under absorption
When reconciling variable costing and absorption costing net operating income, forced manufacturing over head costs deferred in inventory under absorption costing should be added to variable costing net operating income to arrive at the absorption costing net operating income. True False The variable expense per unit a $12 and the selling price per unit is $40. Then the contribution margin ratio of 70%. True False Under absorption costing, product costs consist of direct materials. direct labor. and birth variable and forced manufacturing overhead. True False The break even point in unit sales found by dividing total fixed expenses by: the contribution margin ratio. the contribution margin per unit. the variable expenses per unit. the sales price per unit. Selling end administrative expenses per treated as period costs under both variable costing and absorption costing. True False
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