One of the similarities between process focus and mass-customization is:

produces a single product. for the most recent year, the company's net operating income computed by the absorption costing metho

STALIN [3.7K]

Answer:

Hi, your question is incomplete, i tried to look for it online but i could not find it.

However, here below are some explanations on how to solve the problem question.

We can find the beginning inventory by reconciling the operating income computed by the absorption costing to the operating income computed by the variable costing.

The format of the Reconciliation is :

Absorption costing operating income

Add Fixed Manufacturing Costs in Opening Stock

Less Fixed Manufacturing Costs in Closing Stock

= Variable costing operating income

So the difference between operating income computed by the absorption costing and the operating income computed by the variable costing shows the change in inventory during the period.

Change in unit terms will be : Total Inventory Cost ÷ Unit Fixed Manufacturing Costs.

Now, possible scenarios with your question

IF ENDING INVENTORY IS AVAILABLE

We can add or subtract this change in units to the closing Inventory units to arrive to the beginning inventory units.

IF ENDING INVENTORY IS NOT AVAILABLE

The change in inventory units will be our only inventory during the period and this will also be the beginning inventory units.

5 0

3 years ago

On January 1, a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on J

sammy [17]

Answer: B. 46,768

Explanation: Completing an amortization table would allow us find for the present year the bond carrying amount.

The face amount of the bond multiplied by the coupon rate gives the interest payment. This payment adjusted for the number of installments paid per year is $2,000 which is given by:

50,000 × (8/2)% interest (half the year).

Interest expense is calculated as the effective rate of 5% multiplied by the beginning of the year's carrying value. The difference between the interest payment and interest expense give the amortization of discount.

Carrying Value: 46,139 (A) Value at 1/1/X1

Cash: 2 ,000 &n bsp; (50,000 x .04) (B) Never Changes

Expense: 2,30 6.95 (46,139 x .05) (C)

(B - C) -306.95 (D)

(A - D) 46,445.95 (Carrying Value at 6/30/X1)

----------------

Carrying Value: 46,445.95 (A) Carrying Value at 6/30/X1

Cash: 2,000.0 0 (50,000 x .04) (B) Never Changes

Expense: 2,322.30 (46,445.95 x .05) (C)

(B - C): -322.30 (D)

(A - D): 46,768.25 (Carrying Value at 12/31/X1

5 0

3 years ago

The process of associating numerical amounts to the elements in the financial statements is called:________

Taya2010 [7]

The process of associating numerical amounts to the elements in the financial statements is called Measurement.

Financial statements are written data that supply a business enterprise's industrial company activities and economic performance. economic statements are regularly audited through authorities corporations, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or investing functions.

"Probable future monetary blessings obtained or controlled by way of a particular entity because of beyond transactions." property. Disclosure refers to the system and further records within the Financial statements and notes.

Learn more about Financial statements here brainly.com/question/22941895

#SPJ4

5 0

1 year ago

7. Choose if the product is a Good, a Service, or Both.

Papessa [141]

Answer:

1 buying a bicycle it's a good

2 getting a back message it's a service

3 getting the plumbing fixed in your house it's a service

4 use of a smartphone app it's a service

5 buying a new Ac unit for your house it's a service

6 buying a hamburger it's a good

7 getting your taxes completed by a tax firm it's both

5 0

3 years ago

If product costs are misclassified as selling costs, the average cost per unit will be understated.a. Trueb. False

gladu [14]

Answer:

Product costs are mostly prime costs (Variable cost). Now lets check where this misclassification occurs.

There are 3 stages of absorption costing.

Stage 1: Allocation

Stage 2: Apportionment

Stage 3: Absorption

Misclassification of product cost of product A occurs at Stage 1.

This means that the share of product cost of A, which is misclassified as selling cost will be equally shared with other products in the stage 2. This sharing of cost will lower the average cost per unit of product A and increase the average cost per unit of other products. Hence, Its true.

5 0

3 years ago

One of the similarities between process focus and​ mass-customization is:

One of the similarities between process focus and mass-customization is: