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Olin [163]
2 years ago
12

Explain the differences in operating incomes obtained in requirements 1 and 2. The difference in operating income under absorpti

on costing and variable costing is 308,000 . The 2020 operating income under absorption costing is greater than the operating income under variable costing because
Business
1 answer:
erik [133]2 years ago
6 0

Answer:

Differences in Operating Incomes Under Absorption Costing and Variable Costing:

The 2020 operating income under absorption costing is greater than the operating income under variable costing because

the ending inventory has carried over some fixed manufacturing costs, making the cost of goods sold less than under variable costing.

Explanation:

The differences in the operating incomes obtained under variable costing and absorption costing are due to the fixed manufacturing costs that are included in the ending inventory ​and carried forward to the next accounting period while the ending inventory under variable costing does not include any fixed manufacturing costs.  Absorption costing is based on full costing system but, variable costing  does not include the full costs.

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What is the prime minister of united state of america​
MrMuchimi

Answer:

Donald Trump

Explanation:

OKi

7 0
3 years ago
You want to purchase a new car, and you are willing to pay $19,970. If you can invest at 10% per year and you currently have $15
andrezito [222]

Answer:

It will take 3 years to have enough money to purchase the car.

Explanation:

We can use either Compounding or Discounting Formula to determine the time it will take to make $19,970 from $15,000 when the investment rate is 10%. Lets go with the Compounding Formula:

                           Future Value = Present Value * (1 + i) ^ n

<u>Re-arrange equation for "n" which is the Time Period:</u>

⇒ FV / PV = (1 + i) ^ n

Taking log on both sides;

⇒ log (FV / PV) = log (1 + i) ^ n

OR log (FV / PV) = n log (1 + i)

OR n = log (FV / PV) / log (1 + i)

Simply put values now;

⇒ n = log (19,970 / 15,000) / log (1 + 10%) = log (1.33) / log (1.1) = .12 / .04

OR n = 3

3 0
3 years ago
Tom is the beneficiary and is concerned about both running out of money during his lifetime and at the same time leaving funds b
fredd [130]

Answer:

lifetime annuity with period certain settlement option

Explanation:

Based on the specifications that Tom is looking for, he should consider the lifetime annuity with period certain settlement option. This is an annuity that pays a benefit to the annuitant until death, but with a period certain option, the estate's beneficiary will continue to receive annuity payments until the specified timeframe of the period certain expires. Which would meet the requirements that Tom is looking for.

4 0
3 years ago
A price floor is found ___________ the equilibrium point.
leonid [27]
Underneath
because it's a floor haha
3 0
3 years ago
When an employee joins an online group that shared tips with one another about common problems related to their job tasks, the g
guajiro [1.7K]

Answer: Training and development

Explanation: In the given case, the employee is joining the online group with the intent of solving problems that is related to their task, hence, he is trying to self train himself through the help of others and is trying to develop his skills. The knowledge he gains from the group members will help him to better his performance in the job.

Thus, from the above we can conclude that the right option is B.

6 0
3 years ago
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