1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Charra [1.4K]
2 years ago
6

The difference between reported net income on variable costing and absorption costing income statements is based on how Blank___

___. Multiple choice question. fixed overhead is accounted for expenses are organized cost classifications are defined the statements are formated
Business
1 answer:
lisabon 2012 [21]2 years ago
4 0

When there is a difference between income on variable costing and absorption costing, this is as a result of fixed overhead is accounted.

<h3>What is variable costing? </h3>

This is a method of designing the income statement such that variable costs are separate from fixed cost.

As a result, the net income might be different from absorption costing which lists all expenses regardless of what kind they are.

Find out more on absorption costing at brainly.com/question/26276034.

#SPJ1

You might be interested in
Which element could help a blog become more engaging?
kondor19780726 [428]

Answer:

The correct answer is option B.  pictures.

Explanation:

A blog is a type of web site where its author periodically publishes content on it.

In a blog, people can post comments and interact with the content that the author is publishing.

Blogs can serve as a good marketing tool since they allow to attract a certain audience, and they also have the necessary tools so that a reader can have access to the contact of the company for example.

What would make a blog more attractive are the pictures. Pictures can attract much attention from the public and will give a good design to your blog.

4 0
3 years ago
PLEASE HELP ME :(
Olenka [21]

Which career requires less education than an Auditor?

A) Accountant

B) Bookkeeper

C) Credit Analyst

D) Financial Manager

6 0
3 years ago
A firm has common stock of $100, paid-in surplus of $370, total liabilities of $460, current assets of $490, and fixed assets of
Andre45 [30]
Hi there

shareholders' equity=
(fixed assets+current assets)-liabilities

shareholders' equity=(700+490)−460
=730...answer

(Note that the amount of retained earnings is not provided so you must use total assets minus total liabilities to derive the correct answer)
8 0
3 years ago
Your mother just received a ​$340,461 inheritance. If she invests her money in a diversified equity portfolio returning 8 percen
Effectus [21]

Answer:

14 years

Explanation:

The future value of an investment is given by the following equation:

F = P*(1+r)^t

If your mother is investing an amount of P=$340,461 at a rate r=0.08 and the desired future value is F=$1,000,000, the required time of investment 'n', in years, is:

1,000,000 = 340,461*(1+0.08)^n\\log(\frac{1,000,000}{340,461})=n*log(1.08)\\ n=14\ years

It will take her 14 years to become a millionaire.

5 0
4 years ago
A ____________ gap between GDP and NDP indicates an increasing obsolescence/depreciation of capital goods..
Tatiana [17]

Answer:

Explanation:

GDP is gross domestic product and NDP is net domestic product.

GDP measures market value of total goods and services produced in a particular period of time.

NDP is net domestic product  . In its calculation,  we deduct the value of depreciation of capital goods produced from the value of GDP.

So

NDP = GDP - depreciation .

So growing gap between GDP and NDP reflects the increasing obsolescence of capital goods , which warrants replacement of capital goods .

OPTION A is correct.

5 0
3 years ago
Other questions:
  • Joseph's team members are having problems getting along. they doubt the productivity of the team. although they have some compet
    8·1 answer
  • Using the LIFO method of inventory valuation will always produce the same results for cost of goods sold and ending inventory wh
    11·1 answer
  • If the value of an investment is $1500 in 12 years and the interest rate is 6%, how much is the investment worth now?
    11·1 answer
  • The MEC Company has two divisions: the Computer division and the Printer division. Cost and revenue information for the two divi
    14·1 answer
  • What part of the unit correlates to this Ted Talk and shares the same concepts that are covered? Discuss the similarities betwee
    7·1 answer
  • State two differences between savings and investment
    5·2 answers
  • According to the video, what are some qualities needed by workers involved in sales? Check all that apply.
    5·2 answers
  • What activities can Future Educators Association members participate in? Select two options. Sporting events political rallies c
    5·1 answer
  • The amount owed when credit is used is equal to the __________ plus __________. A. Balance. . . Tax B. Interest. . . Tax C. Prin
    5·2 answers
  • As soon as possible, you need to learn from Lori in Shipping and Receiving whether she and her colleagues can fulfill a large, t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!