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motikmotik
3 years ago
7

Under absorption costing, fixed overhead is allocated to products sold, so when production is greater than units sold, net incom

e will be ___________(greater, less) than income calculated under variable costing.
Business
1 answer:
Gnom [1K]3 years ago
7 0

Answer:Greater

Explanation: Absorption costing is a cost accounting procedure which is used in the costing of both the direct and indirect expenses involved in the production of a specific product or service over a given period of time.

Fixed overhead costs are specifically concerned with goods sold while variable costs are specifically concerned with all the goods manufactured.

THE COST THAT WILL BE ASSOCIATED WITH FIXED OVERHEAD COST WILL BE LESS WHEN COMPARED TO THAT CALCULATED USING VARIABLE COSTING AND THIS WILL CAUSE THE NET INCOME CALCULATED USING THE FIXED OVERHEAD COST TO BE GREATER THAN THE VARIABLE COSTING APPROACH.

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Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using what kind of pricing
cricket20 [7]

Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using a block pricing strategy.

A product is an object, system, or service provided to consumers on demand. That's all we can offer to the market to meet your wants and needs.

Item is for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at one price and sold at one price. Calculated prices vary by market, quality, marketing, and target segment.

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8 0
2 years ago
Suppose that out of the original 100 increase in government spending, 33 will be recycled back into purchases of domestically pr
serious [3.7K]

Answer:

Multiplier effect in the 4th round = 3.58

Explanation:

A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.

If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33

This is proven since 33 x 33% = 10.89 in the third round.

Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58

7 0
3 years ago
The owner of a major league baseball team can fire employees for not winning a pennant, have the city build him a new ballpark,
lawyer [7]
<span>Weber would consider this an exercise in power in the social stratification model. The owner has the ability to have others do what he wants them to do. He is able to set goals that can be achieved even with others opposing them.</span>
4 0
3 years ago
What are the five primary factors of production?
Lina20 [59]
Land, labor, capital, and entrepreneurship
7 0
3 years ago
A. Was Apple wrong for not complying with the F<br>BI’s request? <br><br><br>​
Vaselesa [24]

Answer:

No

Explanation:

"It would be wrong to intentionally weaken our products with a government-ordered backdoor."

one reason being that if passcodes could be input electronically, iPhones would become easier to unlock via "brute force."

The government would be able to destroy the amazing privacy policy apple has

6 0
3 years ago
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