Questions:
In its first year of business, Lakota, Inc. produced 600 units and sold 400 units. If Lakota uses variable costing, ________.
A) its operating income for the period will be lower than under absorption costing
B) its value of ending Finished Goods Inventory reported in the balance sheet will be higher than under absorption costing
C.) its operating income will be the same as under absorption costing
D) its operating income for the period will be higher than under absorption costing
Answer:
The answer D) is its operating income for the period will be <em>Higher</em> than under absorption costing
Explanation:
<em>Absorption costing</em> speaks to all costs, including fixed costs, related to production,
while <em>Variable costing</em> speaks only to the variable costs directly incurred in production.
It is clear from the above that in computation of the operating income will be lower in absorption costing since it considers only the variable costs incurred during products.
Cheers!
Answer:
c. To house suspects awaiting trial
Explanation:
King Henry II established jails in the 12th century during his reign for the primary purpose of housing suspects awaiting trial. People who were already convicted of crimes but awaiting punishment were also kept in jails before their fate as decided. The King put in place a county Sheriff who oversaw the collection of rent for the King and also had a say on people who who went to jail. This was among the early forms of jails established.
Today, the current jails have the same model with the first jails, albeit with several other functions. People who commit crimes are kept in jails, those awaiting trials, parole and probation violators, are also kept in jails.
I honestly don’t know because I honestly don’t know
Answer:
Are part of a firm's marketing strategy.
Explanation:
Segmentation, targeting, and positioning are part of a firm's marketing strategy. They are very important component of any firm's marketing strategy. Without these elements, it is impossible to build a brand. In segmentation, we divide the heterogeneous market into homogeneous parts/chunks/segments, these segments have the same characteristics in terms of demography, geography, behavior or psychography. After dividing the market into smaller parts firm decided which segment to enter, serve and target. After selecting a segment, firm offer its products and services and do positioning. Positioning means firm place their products and services in the minds of the consumers. Firms place their products in the minds of consumer that how they want them to see their products and services.