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3 years ago

An income statement under absorption costing includes which of the following: ______________

Business

1 answer:

ra1l [238]3 years ago

4 0

Answer:

a. Direct materials

b. Direct labor

c. Variable overhead

d. Fixed overhead

Explanation:

The absorption costing is the costing in which the income statement should includes all types of production cost i.e. direct material cost, direct labor cost, variable overhead and the fixed overhead

So as per the given statement, all the four types of costing should be involved while preparing the income statement under the absorption costing

Hence, all 4 options should be considered

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Svetradugi [14.3K]

Answer:

C. The long-run average cost of production for U.K. grocery stores is lower if there are diseconomics of scale.

Explanation:

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Since the size of the grocery stores decreases, the average costs decreases. So, The long-run average cost of production is lower when there are diseconomics of scale.

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4 years ago

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4 years ago

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1 year ago

On July 1, an investor holds 50,000 shares of a certain stock. The market price is $30 per share. The investor is interested in

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Answer:

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

Explanation:

Provided information;

Amount of shares of a certain stock =50,000

The market value per share = $30

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1 year ago