A company uses a standard absorption costing system. Last month budgeted production was 8,000 units and the standard fixed production overhead cost was $15 per unit. Actual production last month was 8,500 units and the actual fixed production overhead cost was $17 per unit.What was the tota...
A B C D 考点 Chapter5Costbehaviour 解析 Graph A shows that up to 30,000 units, each unit costs a constant price per unit. 多做几道 A company uses a standard absorption costing system. Last month budgeted production was 8,000 units and the standard fixed production overhead cost wa...
D. Under absorption costing, operating profit is a function of both sales volume and production volume. 正确答案:C 分享到: 答案解析: Answer (C) is correct . Absorption (full) costing is the accounting method that considers all manufacturing costs as product costs. These costs include variable...
When comparing absorption costing with variable costing, the difference in operating income can be explained by the difference between theA. Units sold and the units produced, multiplied by the unit sales price. B. Ending inventory in units and the beginning inventory in units, multiplied by the...
When a firm uses the ___ strategy, it identifies and acquires new entrants or establishes an alliance with them. A) absorption B) shaping C) containment D) annulment Strategic Planning: Strategic planning is a process done by a company's management ...
Assume that the company uses absorption costing. Compute the unit product cost. Indicate whether each of the following expenditures should be classified as land (L), and improvements (LI), buildings (B), equipment (E), or none of these (X). 1. Computer installation cost 2. Driveway...
aThis report will analyze two questions. Part A is to evaluate the following three approaches to costing of the products or services, that is: variable or marginal costing, absorption or full costing and activity-based costing. This part of the report will tell us how these approaches work w...
Answer true or false: Ideal standards will generally result in favorable variances for the company. Net operating income is affected by the number of units produced when absorption costing is used. True False Answer true or false: If actual...
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D. Marginal costing profits will be higher and closing inventory valuations higher than those under absorption costing. 正确答案:A 分享到: 答案解析: The correct answer is: Absorption costing profits will be higher and closing inventory valuations higher than those under marginal costing. Closing ...