Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 3. variable costingsales exceed production the beg

3. Variable CostingSales Exceed Production The beginning inventory is 52,800 units. All of the units...

50.1K

Verified Solution

Question

Accounting

3.

Variable CostingSales Exceed Production

The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the beginning inventory were sold. The beginning inventory fixed manufacturing costs are $14.70 per unit, and variable manufacturing costs are $30 per unit.

a. Determine whether variable costing income from operations is less than or greater than absorption costing income from operations. Variable costing income from operations is greater than absorption costing.

b. Determine the difference in variable costing and absorption costing income from operations.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 4 (Sets defined inductively) [30 marks] Consider the set S of strings over the alphabet...

Advance Math
Q

solve the initial values: if Y(3)-4Y\"+20Y'=51e^3x Y\"(0)=41, Y'(0)= 11. Y(0)= 7 > solution is Y(x)= e^3x+2 e^2x sin(4x)+6 so,...

Advance Math
Q

2 A tall green pea plant Tall Grpen They Tall white short Green short white...

Biology
Q

Which of the below is not considered part of a neuromuscular junction The synaptic knob...

Biology
Q

Choose the correct answer Dormant for so many centuries the gigantic beast Mount Etna awoke...

Basic Math
Q

What is the function represented by the blue graph 4x 3 1 Select one 3...

Algebra
Q

Dooling Corporation reported balances in the following accounts for...

Accounting
Q

Identify a TedTalk that discusses conflict in the workplace and/or in organizations.

Accounting
Q

Incremental analysis is used to help companies make decisions involving a choice among alternative courses...

Accounting
Q

For the following ordinary annuity, determine the size of the periodic payment. Present Value Future...

Finance
Q

EBIT SA GA (Round to the nearest dollar.) This qui This que possible MacBook...

Finance
Q

A $1,000 par convertible debenture has a conversion price for common stock of $42 per...

Finance