C. A manager who is evaluated based on variable costing operating profit would be tempted to increase production at the end of a period in order to get a more favorable review. D. Under absorption costing, operating profit is a function of both sales volume and production volume. 正确答案:...
Applied overhead is the overhead being allocated to products. Applied overhead are predetermined rates being used by manufacturers .Answer and Explanation: Why is manufacturing overhead applied to products, when product costs are used in pricing decisions? Manufacturi...
Explain what activity-based costing is, and give an example of how it would be used. Describe the main idea behind Variable Costing? Is this type of costing more preferable when compared to Throupoint and Absorption costing? Explain some of the advantages and disadvantages of st...
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...
When comparing the operating incomes between absorption and variable costing, and beginning finished goods inventory exceeds ending finished goods inventory, it may be assumed that:A.Sales increased during the periodB.Variable cost per unit is less than
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When comparing absorption costing with variable costing, which of the following statements is not true?A. Absorption costing enables managers to increase operating profits in the short run by increasing inventories. B. A manager who is evaluated based on variable costing operating profit would be tem...
Process refers to the series in order to achieve some desirable result. It is to be followed in stepwise manner. It is done in order to bring some changes such as physical or chemical changes by applying some processes. Answer and...
When would job-order costing be used instead of process costing? Which of the following would not be capitalized to a property and equipment account? Select one: a. Transportation of the asset. b. Cost of training employees on the asset. c. Installation charges. d. Inventory produced...
When comparing absorption costing with variable costing, which of the following statements is not true? A. Under absorption costing, operating profit is a function of both sales volume and production volume. B. A manager who is evaluated based on variable costing operating profit would be tempted...