Question: Variable costing can also be referred to as: Select one: a. Cost-plus costing b. Marginal costing c. Internal costing d. Absorption costing

Variable costing can also be referred to as:

Select one:

a. Cost-plus costing

b. Marginal costing

c. Internal costing

d. Absorption costing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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:

describe 3 ways to identify circulation problems in the legs circumstances

Q:

Variable costing can also be referred to as: Select one: a. Internal costing b. Cost-plus costing c. Absorption costing d. Marginal costing

Q:

Variable costing can also be referred to as: Select one: a. Marginal costing b. Absorption costing c. Cost-plus costing d. Internal costing

Q:

of During Year 2, XYZ Inc. reported an absorption costing income from operations of $100,000. The following information is given to you with respect to XYZ's Year 2 activity: - Beginning Inventories:...

Q:

6 of 66 cm HW Score: 73.74%, 4.420 Question Help %E6-56B (similar to) Requirements Data Table 1. Prepare two income statements for the year one using absorption costing and one using variable costing...

Q:

QUESTION 1 Which of the following is the most accurate method of allocating costs? Stepdown method Indirect Method O Reciprocal method O Direct Method QUESTION 2 Which of the following would not be...

Q:

Which of the following formulas can often reconcile the difference between absorption- and variable-costing net income? a. Change in inventory units x predetermined variable-overhead rate per unit....

Q:

Need it in 1 hour and 30 minutes don't answer after that The following details were extracted from the standard cost card of a component: Raw materials: 2 Kgs @ $4 per kg Direct labour: 4.75 hrs @ $6...

Q:

The following relate to product R Practice Question Level of activity (units) load 2000 (N/unts) ( Nglunet) Direct matenale 4.00 Dreat Labour 3.00 Production Quehead 3.50 Selling overhead 1.00 O-SO...

Q:

Variable $ 10 . 70/unit Fixed ($19.00/unit for 1, 090 units) $ 19,090 Variable selling and administrative expenses $ 3, 650 Fixed selling and administrative expenses $ 14, 800 The company produced...

Q:

Which of the following will not be found on an absorption costing income statement? Select one: a. Gross margin b. Contribution margin c. Net income d. Cost of goods sold If the selling price is...

Q:

What are the different kinds of person-environment fit? What can employees and managers do to maximize these different types of fit?

Q:

What general ledger journal entries does the purchases system trigger? From which departments do these journal entries arise?

Q:

Which of the following functions solves the ordinary differential equation x y ' + y = x 2 + 1 . Check each function by calculation. ( a ) y ( x ) = x l n ( x ) + x 2 ( b ) y ( x ) = 1 3 x 2 + 1 ( c...

Q:

In this pay, Moss Company deducted OASDI taxes of $5,276.24 and HI taxes of $1,233.95 from the $85,100.90 of taxable wages paid. What is Moss Company's portion of the social security taxes for: a)...

Q:

Explain in your own words why it is necessary to conduct reconciliations for the differences between the governmental and government-wide financial statements. What sorts of reporting differences are...

Q:

3. (4 points) You have recently isolated a protein and are currently determining the structure of the protein. Gel filtration chromatography indicated a molecular weight of approximately 320 kDa....

Q:

Q1. What are some of the rights that humans and corporations both have? Q2. For instance, what are the responsibilities to consumers of companies that sell potentially (or in the case of cigarettes,...

Q:

On January 1, 2011, Petron Corporation acquires the net assets of the Shell Corporation for P625,000 cash. Prior to the business combination, Shell Corporation has the following statement of...

Q:

Situated Learning Assignment - 1 Q . 3 . Spell out the major differences between the vision and mission statements. Comment on the importance of induding CSR and environmental protection and control...

Q:

How does appraising an expatriates performance differ from appraising that of a home- office manager? How would you avoid some of the unique problems of appraising the expatriates performance?

Q:

Appendix A, PHR and SPHR Knowledge Base, at the end of this book (pages 580588) lists the knowledge someone studying for the HRCI certification exam needs to have in each area of human resource...

Q:

Describe Jobys approach to managing globally. How does it coordinate design, manufacturing, and distribution in key world markets?