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saveliy_v [14]
2 years ago
6

What would happen if I were to buy a truck for $50,000 and expense all of it during that period, rather than handle it the way t

he book recommends? What would it do to my Income Statement and Balance Sheet?
Business
1 answer:
Ivenika [448]2 years ago
3 0

Answer:

Income from operation will decrease by $50,000

Explanation:

given data

inventory of a manufactured = 5,000 units

to find out

effect on income from operations

solution

as we know that in the absorption costing both variable cost and fixed cost are included in the cost of production

so that as under variable costing only the variable manufacturing cost are included in the cost

and

if absorption costing is used the inventory level that will be increased  by10 ×  5000 =  $50,000

so Income from operation will decrease by $50,000

so correct option is c.$50,000 decrease

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kogti [31]
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3 years ago
Suppose you have 3 jars with the following contents. Jar 1 has 4 white balls and 1 black ball. Jar 2 has 2 white balls and 1 bla
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4

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3 years ago
A monopoly firm's use of a tariff provides it with additional protection because the tariff:
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Option C

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8 0
3 years ago
ppreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated incom
Tems11 [23]

Answer:

Decrease or fall, Purchasing

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