If a company sells a product for less than its budgeted unit product cost under absorption costing, then the company will lose money.
The markup over cost under the absorption costing approach would increase if the required rate of return increases, holding everything else constant.
------------
which of the above is true or false?
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.