Income reported under absorption costing and variable costing is:
A. always higher under variable costing.
B. typically different.
C. always the same.
D. always higher under absorption costing.
E. always the same or higher under absorption costing.
Answer: B
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Anchor Calendar Company manufactures wall and desktop calendars for business use. The company expects production of 20,000 units this year. Various costs and items associated with calendar production are described below:
Required: Assume that management is interested in determining the average cost per calendar. For each item in the table, place a check mark or X in every column that applies. When labeling costs as fixed or variable, select your response on the basis of whether the total cost of that item will change when changes occur in volume of calendars produced.
What will be an ideal response?
The number of injuries and illnesses per 100 full-time employees during a given year is the
A. illness rate. B. accident rate. C. incidence rate. D. safety rate.
Which of the following scenarios best illustrates offshoring?
A. Octagon Inc., an American smartphone company, has moved its manufacturing operations to China. B. Hexagon Inc. entices its employees to volunteer to leave the organization by offering severance benefits. C. Crimson Inc., an American HR consulting company, processes payroll for the employees of Oasis Inc., an American publishing company. D. Eagle Inc. rehires retirees on a part-time or temporary basis to fill talent gaps in the organization.
When a firm serves two or more well-defined market segments with a distinct marketing mix for each, it is using a(n) _____ targeting strategy.
A. undifferentiated B. concentrated C. niche D. multisegment E. pluralistic