What is the critical item that is treated differently in full absorption versus variable costing? Explain how
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
The item treated differently is fixed manufacturing overhead Full absorption costing ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
Absorption versus variable costing Grunewald Company manufacturers a professional grade vacuum cleaner and began operations in 2011. For 2011, Grunewald budgeted to produce and sell 20,000 units. The...
-
Absorption versus variable costing Alvarez Company makes leather chairs that it sells for $200 per chair. Each chair requires $28 of direct materials and $72 of direct labor. Fixed overhead costs are...
-
What is the critical path of a project? Draw a network diagram and depict the critical path of a simple project.
-
What other cost factors might you include in such an economic analysis? The proposed small office building in Example 3-2 has 24,000 net square feet of area heated by a natural gas furnace. The owner...
-
What is a capital asset? What factors affect the determination of whether an asset is classified as a capital asset?
-
In 2023, Whispering Winds receives the raw materials and pays the required $2,000,000. The raw materials now have a market value of $1,808,000. Prepare the entry to record the purchase. (Credit...
-
According to Einstein's theory of relativity, light should bend when it passes through a gravitational field. This was first tested experimentally in 1919 when photographs were taken of stars near...
-
In 2008 the Better Business Bureau settled 75% of complaints they received (USA Today, March 2, 2009). Suppose you have been hired by the Better Business Bureau to investigate the complaints they...
-
A spaceship is traveling through deep space towards a space station and needs to make a course correction to go around a nebula. The captain orders the ship to travel 3.1 106 kilometers before...
-
QUESTION 4 Fantech Co. a company producing the PC gaming devices like Logitech racing wheel, gamepad, headsets, keyboards, joysticks etc. to meet the high demand of futuristic gamers. One year from...
-
When activity level increases, explain what happens to: a. Contribution margin per unit. b. Contribution margin ratio. c. Total Contribution margin . d. Total fixed cost. e. Profit.
-
When will variable costing show the same profit as full absorption costing?
-
The load required to produce a unit deflection in the spring is called: (a) Modulus of rigidity (b) Flexural rigidity (c) Spring stiffness (d) Torsional rigidity
-
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production Machine-hours...
-
Is it true that a net loss is close to the paid in capital account of the stockholders equity section of the balance sheet. justify your answer?
-
1) What is the output of the following Java program? public class Eee { public static void main(String [ ] args) { try { } } badMethod(); System.out.print("A"); catch (RuntimeException ex) { }...
-
Compute the company s net sales for the year. Compute the company s total cost of merchandise purchased for the year. Prepare a multiple - step income statement that includes separate categories for...
-
if h(x) = (x-5)(x-1)/(x-5), what is h (5).
-
The solubility product constant for calcium oxalate is estimated to be 4 10 9 . What is its solubility in grams per liter?
-
Apply Jacobis method to the given system. Take the zero vector as the initial approximation and work with four-significant-digit accuracy until two successive iterates agree within 0.001 in each...
-
A uniform supersonic stream with \(M_{1}=3.0, p_{1}=1 \mathrm{~atm}\), and \(T_{1}=288 \mathrm{~K}\) encounters a compression corner (see Fig. 4.4a) which deflects the stream by an angle...
-
The production department of Raredon Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Each unit requires 0.70 direct labor-hours, and...
-
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of...
-
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of...
-
1- The binomial distribution N! B(M) = (N-M)!M! describes the probability of placing M identical particles into N equivalent physical sites, with a limit of one particle/site if the probability of a...
-
Margo, a calendar year taxpayer, paid $1,580,000 for new machinery (seven-year recovery property) placed in service on August 1, 2023. Required: a. Assuming that the machinery was the only tangible...
-
CASA (Australia's Civil Aviation Safety Authority) and I CAO SMS (Safety Management Systems) and the alphanumeric risk categorization system for an aviation risk register. *** What I need help with...
Study smarter with the SolutionInn App