A company that produces a single product had a net operating income of $89,000 using variable costing and a net operating income of $123,560 using absorption costing. Total fixed manufacturing overhead was $58,140 and production was 11,400 units both this year and last year. Last year was the first year of operations. Between the beginning and the end of the year, the inventory level:
A. decreased by 34,560 units
B. increased by 6776.47059 units
C. increased by 34,560 units
D. decreased by 6776.47059 units
Answer: B
You might also like to view...
________ for a product is the total volume that would be bought by a defined customer group in a defined geographical area in a defined time period in a defined marketing environment under a defined marketing program
A) Company demand B) Area market potential C) Market demand D) Company sales potential E) Total market potential
Documentation guides consistently define a long quotation as a passage containing more than 40 words of quoted material
a. true b. false
A secured creditor must ________ the collateral if he or she receives a written objection to the proposal from a person entitled to receive notice within 20 days after the notice was sent
A) dispose of B) possess of C) retain D) claim
Which of the following is a form of relational return?
A. recognition and status B. benefits C. life Insurance D. allowances E. monitory incentives