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>
<span>Experience attributes are those that require some trial or consumption before evaluation.</span>
Answer:
It will take 14.2 months before Helen pays off the card.
Explanation:
PV Ordinary Annuity = C*[(1-(1+i/100)^(-n))/(i/100)]
C = Cash flow per period
i = interest rate
n = number of payments
250= 20*((1-(1+ 21/1200)^(-n*12))/(21/1200))
n(in years) = 1.19
Months = years*12 = 1.19*12 = 14.2 months
The answer is B, tho I could also understand C, I am pretty sure it’s B.
When taxes are cut, the type of policy that is being conducted is a expansionary fiscal policy.
<h3>What is a
expansionary fiscal policy?</h3>
Fiscal policies are policies enacted by the government to control the money supply in the economy. Fiscal policy can either be contractionary or expansionary.
Expansionary fiscal policy is when the government increases the supply of money in the economy. This can be done either by reducing the taxes or increasing their level of spending.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing their spending or increasing taxes.
To learn more about fiscal policies, please check: brainly.com/question/25716528
#SPJ1
