Business, 08.04.2020 01:38 robert7248

Which of the following situations would cause variable-costing income to be lower than absorption-costing income? Selling expenses increased by 10% during the accounting period. Units sold equaled 39,000 and units produced equaled 42,000. Sales prices decreased by $7 per unit during the accounting period. Units sold equaled 55,000 and units produced equaled 49,000. Units sold and units produced were both 42,000.

Answers: 2

Show answers

Answers

Answer from: sarinawhitaker

Units sold equaled 39,000 and units produced equaled 42,000.

Explanation:

The reason is that operating income will be lower under variable costing than absorption costing when there is a rise in the the unit level of inventory during an accounting period.

From the question, the 42,000 units of production is 3,000 units greater than the 39,000 units sold. This implies that there is an increase in the unit of inventory level. This usually cause the variable-costing income to be lower than absorption-costing income.

Answer from: miya257916

Units sold equaled 55,000 and units produced equaled 49,000

Explanation:

Variable-costing income and Absorption-costing income differ due to the amount of fixed overheads that are differed in inventory.

Note : Absorption costing include fixed costs in product costing

Differences in Variable-costing income and Absorption-costing income are only visible is Production does not equal Sales.

If Production equals Sales there would be no any differences

Answer from: Quest

it's obviously d. it could be c though.

Answer from: Quest

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

arrowright

anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

arrowright

nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

arrowright

Another question on Business

Business, 22.06.2019 13:00

Reliability and validity reliability and validity are two important considerations that must be made with any type of data collection. reliability refers to the ability to consistently produce a given result. in the context of psychological research, this would mean that any instruments or tools used to collect data do so in consistent, reproducible ways. unfortunately, being consistent in measurement does not necessarily mean that you have measured something correctly. to illustrate this concept, consider a kitchen scale that would be used to measure the weight of cereal that you eat in the morning. if the scale is not properly calibrated, it may consistently under- or overestimate the amount of cereal that’s being measured. while the scale is highly reliable in producing consistent results (e.g., the same amount of cereal poured onto the scale produces the same reading each time), those results are incorrect. this is where validity comes into play. validity refers to the extent to which a given instrument or tool accurately measures what it’s supposed to measure. while any valid measure is by necessity reliable, the reverse is not necessarily true. researchers strive to use instruments that are both highly reliable and valid.

Answers: 1

Answer

Business, 22.06.2019 13:30

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Answers: 3

Answer

Business, 22.06.2019 17:10

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)

Answers: 3

Answer

Business, 22.06.2019 19:00

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.

Answers: 1

Answer

You know the right answer?

Which of the following situations would cause variable-costing income to be lower than absorption-co...

Questions