Answer:
A higher operating income will result under absorption costing
Explanation:
If manufacturing production exceeds units sold there will be an increase in inventory and increases in inventory cause income to be higher under absorption costing than under variable costing.
Under variable costing, as its name suggests, only variable production costs are assigned to inventory and cost of goods sold.
Under absorption costing, normal manufacturing costs are considered product costs and included in inventory.
<em>Recognize that a reduction in inventory during a period will cause the opposite effect. </em>
<em>Specifically, a portion of the contents of the beginning inventory would be transferred to expense commensurate with the decrease in inventory. </em>
<em>Since the inventory contains less under variable costing, expect expenses to be lower and income to be higher.</em>
I think the correct answer from the choices listed above is option D. All of these are open-system characteristics except circular causation. It is a<span>n action that is controlled or affected by its own status-change or result . Hope this answers the question. Have a nice day.</span>
Answer:
The nominal value at the end of 17 years = $7,455.34
The real value at the end of 17 years = $2,437.95
Explanation:
Value at the end of 17 years = present value x (1+ interest rate)^t
The nominal value at the end of 17 years = $1,475 x (1.1)^17 = $7,455.34
The real value at the end of 17 years = $1,475 x (1.03)^17 = $2,437.95
Answer:
workers are variable
while ovens fixed
Explanation:
We are asked for the labor factor (workers)
and the capital factor (ovens)
The worker in thie short-run are variable input as Porrnima's management decision can decrease or increase their quantity pretty much at will stponing the cash outlay if wanted to.
While the ovens in the other hand, are fixed. the management can't neither decrease or increase the quantity of ovens and cash outlay associate with them.
Answer:
Given:
Assets = $73M
Liabilities = $24M
To Find:
Value of equity
Explanation:
Total equity is what is left over after you subtract the value of all the liabilities of a company from the value of all of its assets.
Formula:
By substituting value of assets & liabilities in the formula we get:
